SAUDI INDUSTRIAL INVESTMENT GROUP 1443/03/25 Sun Oct 31, 2021 08:08:27
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| Element List | Explanation |
| Announcement Detail |
Referring to the SIIG announcement on the Tadawul website on 1-2-2021, SIIG announces the shutdown of its projects Saudi Chevron Phillips Company SCP for scheduled turnaround maintenance and catalyst replacement starting on Monday 1-11-2021 and estimated to last 27 days, with the continuation of the work of its other projects.
The financial impact of this shutdown will appear on the financial results for the fourth quarter of 2021, and it is difficult to estimate the financial impact of this shutdown at this time, due to the changing prices of the sold products. Noting that SIIG owns 50% of the Saudi Chevron Phillips Company SCP, and the other 50% is owned by Arabian Chevron Phillips. |
The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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SIIG - Saudi Industrial Investment Group SJSC published this content on 31 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2021 06:06:00 UTC.
