Saturday 30 May 2020

Tasnee cuts feedstock to affiliates after attack

RIYADH, September 16, 2019

Saudi Arabia’s National Industrialization Company (Tasnee) said it has curtailed feedstock supplies to its petrochemical affiliates in Jubail in different proportions with an approximate average of 41 per cent starting from September 14.

The company is currently working on evaluating the final effects of attacks Saudi Arabia’s oil facilities to determine the financial impact, Tasnee said on its website, adding that any developments in this regard will be disclosed accordingly.

Tasnee, Saudi Arabia's second largest industrial company and one of the world's largest producers of titanium dioxide, has a wide range of interests in petrochemicals, chemicals, plastics, and metals manufacturing, industrial services and environmental technologies. - TradeArabia News Service


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