Alujain announces that its subsidiary National Petrochemical Industrial Co. (NATPET) Propylene & Polypropylene Complex in Yanbu Industrial City, Alujain owns (57.4%) of its Capital, will undergo a scheduled major turnaround procedure (major maintenance) for a period of 24.5 days starting April 9th 2017. It may be noted that such shutdown for periodic maintenance is not considered as loss in production and revenues, since it is planned in advance in accordance with normal industrial practice for carrying out required routine and preventive maintenance, and the effects in terms of the quantity of production and expected revenue had been taken into account in the budget of 2017. The financial impact depending on the expected prices of feedstock and the products will be reflected in the financial results of the 2nd quarter 2017.
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