Alujain’s NATPET complex shuts down for periodic maintenance

One of Alujain's plants

Alujain Corp. announced the scheduled maintenance turnaround for the propylene and polypropylene complex of its 65%-owned subsidiary National Petrochemical Industrial Co. (NATPET), in accordance with the industrial standards.

In a statement to Tadawul, the company said that the maintenance work will help improve production efficiency and plant reliability. It will also help achieve future operational plans.

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The mechanical maintenance process is scheduled to start from Jan. 26-Feb. 17.
 
The shutdown for periodic maintenance should not be considered as an opportunity loss, since it is planned and its financial impact is taken into account when preparing 2025 budget, both in terms of the quantity of production as well as expected revenues, the statement added.

All required precautions have been taken to avoid any impact on the company's obligations to its customers, and any other developments will be announced in due course, the company further noted.