Saudi Industrial Investment Group announced an unplanned shutdown for one of its subsidiaries (Saudi Polymers Company) due to a temporary power outage from outside the industrial complex, which caused all project units to shut down. Noting that all other projects in the complex were not affected and are operating normally.
About Saudi Polymers
Saudi Polymers Company is located in Jubail, Saudi Arabia and manufactures polyethylene, polypropylene, and 1-Hexene products distributed by Gulf Polymers Distribution Company FZCO.
Saudi Polymers Company is a limited liability company incorporated in the Kingdom of Saudi Arabia and jointly owned by National Petrochemical Company (Petrochem), a joint stock company incorporated in the Kingdom of Saudi Arabia, and Arabian Chevron Phillips Petrochemical Company Limited, a wholly-owned subsidiary of Chevron Phillips Chemical Company LLC.
Source: Saudi Industrial Investment Group