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National Industrialization Company (Tasnee) announced a delay in the completion of scheduled periodic maintenance at its 60%-owned joint venture, Saudi Ethylene and Polyethylene Company (SEPC).
The delay is attributed to technical requirements for the integration expansion project of the ethylene cracking unit.
Restart of operations is now expected to occur during the first half of April 2026.
The financial impact of the shutdown will be reflected in the Q1 and Q2 2026 results, though the exact consolidated amount is not yet determined.

Element List	Explanation
Introduction	National Industrialization Company (Tasnee) announces a delay in the completion of the scheduled periodic maintenance at the Saudi Ethylene and Polyethylene Company (SEPC), a Joint Venture Company, of which Tasnee owns 60%.This delay is due to the integration expansion project of the ethylene cracking unit, as it is primarily related to technical requirements needed to complete the expansion—a common practice in similar projects. Operations and restart are expected to be completed during the first half of April 2026
Previous Announcement	The National Industrialization Company (“Tasnee”) announces the commencement of scheduled maintenance activities at one of its joint venture plants.
Date of Previous Announcement on Saudi Exchange’s Website	2026-01-01 Corresponding to 1447-07-12
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	a delay in the completion of the scheduled periodic maintenance for SEPC
Reasons For The Delay on The Date of The Event Previously Announced	This delay is due to the integration expansion project of the ethylene cracking unit, as it is primarily related to technical requirements needed to complete the expansion
The costs associated with the event, and if they have changed or not with indication of the reasons.	The financial impact of this project on TASNEE's consolidated results cannot be determined at this stage. Any further developments will be announced in due course.
Delay consequences on the Company’s financial results	The financial impact on this scheduled shutdown will be reflected in the financial results of the first and second quarter of 2026

National Industrialization Co. Announces an update on The National Industrialization Company (“Tasnee”) announces the commencement of scheduled maintenance activities at one of its joint venture plants.