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Sipchem to conduct maintenance in 3 units

RIYADH, April 28, 2016

Saudi International Petrochemical Company (Sipchem) will conduct maintenance at three of its production units from May 1 that will take about 15 days, the firm said on Thursday.

The maintenance will be carried out at Carbon Monoxide of International Gases Company (IGC), Acetic Acid of International Acetate Company (IAC), and Ethyl Acetate of Sipchem Chemicals Company (SCC), according to a Riyadh bourse statement.

The financial impact of this work will be reflected in Sipchem's second-quarter results, it said without elaborating.

Sipchem owns 72 per cent of IGC capital, 87 per cent of IAC capital and 95 per cent of SCC. - Reuters




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