Chemanol announces the financial impact of the limited fire incident in its SNF plants

09/04/2013 Argaam

In reference to Chemanols announcement on 27/3/2013 regarding resumption of operational activities at full production capacity in its SNF plant production lines after an occurrence of a fire incident . The company would like to further announce that the financial impact of the limited fire incident amounting to SAR2.9mn is below the minimum insurance coverage and hence will not be covered by insurance claim. Consequently, this financial impact would be absorbed in Q1 2013

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