Addendum announcement Tasnee regarding the updates on super-absorbent polymers project

30/09/2013 Argaam

Further to the announcement published on Tadawul's website on 17-08-2011 regarding developments on super-absorbent polymers project, TASNEE announces that Saudi Acrylic Acid company (SAAC) subsidiary - Saudi Acrylic Polymers co. (SAPCO) has signed yesterday, 29 September 2013 the Mechanical Completion Certificate for its super-absorbent polymers plant in preparation for experimental operation. Any further future developments will also be announced

It worth mentioning that TASNEE owns a 52.3% share in (SAAC) and SAAC owns a 75% share in SAPCO & the foreign partner - Evonik Industries - owns 25% share in SAPCO

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