| Introduction | Sahara International Petrochemical Company (Sipchem) is pleased to announce the safe completion of the turnaround maintenance activities for INTERNATIONAL METHANOL COMPANY (IMC) an affiliate of Sipchem. Startup activities for the plant commenced on 8th October 2025. During the turnaround, all the required work was completed safely, which will enhance the plant’s efficiency, increase its reliability, reduce production cost, and allow it to achieve its future operational plans. |
| Previous Announcement | Sahara International Petrochemical Company (Sipchem) Announces Maintenance Turnaround for INTERNATIONAL METHANOL COMPANY (IMC) |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-09-21 Corresponding to 1447-03-29 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The completion of the turnaround maintenance activities for INTERNATIONAL METHANOL COMPANY (IMC) commenced on 8th October 2025. |
| Reasons For The Delay on The Date of The Event Previously Announced | N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | The financial impact of this turnaround will be reflected in the company’s financial results of the Third & Fourth quarter of 2025. The Company has announced that it has taken all the necessary actions to eliminate any potential impact on its customers. |
| Delay consequences on the Company’s financial results | N/A |