Tasnee Announces the Latest Developments Regarding the Ethylene Cracker Expansion Project

Element List	Explanation
Introduction	National Industrialization Co. (“Tasnee”) announces the completion of construction works for the expansion project at the ethylene cracker plant of the Saudi Ethylene and Polyethylene Company (SEPC), which is one of the joint Venture of Tasnee Sahara Olefins Company (TSOC). which owned by a subsidiary of National Industrialization Company by 60%, and the pilot production of the Project has commenced
Previous Announcement	National Industrialization Co. Announces Ethylene Cracker Expansion Project
Date of Previous Announcement on Saudi Exchange’s Website	2023-12-24 Corresponding to 1445-06-11
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Completion of construction works and commencement of pilot production for the project
The costs associated with the event, and if they have changed or not with indication of the reasons.	The financial impact will be reflected in the financial results starting from the third quarter of 2026