2170 · 26/09/2011 16:39:37 · Announcement #22716 · View on Saudi Exchange

Alujain announces occurrence of a technical problem at its subsidiary NATPETs Propylene and Polypropylene Complex in Yanbu Industrial City

Alujain Corporation announces that a sudden technical problem has occurred on Monday, September 26, 2011 morning in the dehydrogenation unit of its subsidiary NATPETs Propylene and Polypropylene Complex in Yanbu Industrial City causing stoppage of the production activity. NATPET is currently dealing with the problem and it is expected that the unit will resume production within two weeks. The interruption would mean a production loss of 16,000 tons of polypropylene worth about SR90 million according to prevailing market prices for polypropylene. This will reflect on the 4th quarter Financial results.

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