Inactive Instrument

National Petrochemical Company

2002

SA12BG50V917

National Petrochemical Co : PETROCHEM ANNOUNCEMENT REGARDING ITS SAUDI POLYMERS COMPANY PROJECT

February 18, 2012 at 03:38 am EST

MarketScreener.com By

In reference to The National Petrochemical Company (Petrochem) previous announcement on Dec 7th 2011, regarding the latest developments at its joint venture project, the Saudi Polymers Company, which is owned 65% by Petrochem and 35% by Arabian Chevron Phillips Petrochemical Company Limited.
Petrochem announces that testing and commissioning of the plant is continuing, and the latest plans are targeting the second quarter of this year to have full plant startup.
Petrochem will announce major developments as they occur.

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Ce noodl a été diffusé par PETROCHEM - National Petrochemical Company et initialement mise en ligne sur le site http://www.petrochem.com.sa. La version originale est disponible ici.

Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-02-18 09:09:59 AM et restera accessible depuis ce lien permanent.

Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité.

Latest news about National Petrochemical Company

National Petrochemical Company(SASE:2002) dropped from S&P Global BMI Index	22-04-19	CI
National Petrochemical Company(SASE:2002) dropped from FTSE All-World Index	22-04-14	CI
Saudi Industrial Investment Group completed the acquisition of remaining 50% stake in National Petrochemical Company from General Organization for Social Insurance, Hamad Saud Alsayari, Sulaiman Mohammed Almandeel, Abdulrahman Alismail, Rasheed Rashed Alowain and other shareholders for SAR 12.2 billion in a merger of equals transaction.	22-04-10	CI
National Petrochemical Company Reports Earnings Results for the Full Year Ended December 31, 2021	22-01-27	CI
National Petrochemical Company Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	22-01-27	CI
National Petrochemical Company Reports Earnings Results for the Third Quarter Ended September 30, 2021	21-10-28	CI
Saudi Basic Industries : Arabia's SIIG and Petrochem plan merger through share exchange	21-09-28	RE
Saudi Industrial Investment Group entered into a non-binding memorandum of understanding to acquire remaining 50% stake in National Petrochemical Company from General Organization for Social Insurance, Hamad Saud Alsayari, Sulaiman Mohammed Almandeel, Abdulrahman Alismail, Rasheed Rashed Alowain and other shareholders for SAR 12.2 billion in a merger of equals transaction.	21-09-27	CI
National Petrochemical Company Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-05	CI
National Petrochemical Company Reports Earnings Results for the First Quarter Ended March 31, 2021	21-05-02	CI
National Petrochemical Co. Announces Cash Dividend Distribution to the Shareholders for the Year 2020	21-03-09	CI
National Petrochemical Company Reports Earnings Results for the Fourth Quarter Ended December 31, 2020	21-02-01	CI
National Petrochemical Company Reports Earnings Results for the Third Quarter Ended September 30, 2020	20-11-05	CI
U.S. issues fresh Iran-related sanctions targeting state oil sector	20-10-26	RE
U.S. Sanctions Iran's Petroleum Ministry, National Iranian Oil Company, Tanker Subsidiary -- 2nd Update	20-10-26	DJ
U.S. Sanctions Iran's Petroleum Ministry, National Iranian Oil Company, Tanker Subsidiary -- Update	20-10-26	DJ
Saudi Arabia's SIIG and National Petrochem in Merger Talks	20-09-20	CI
National Petrochemical Company Reports Earnings Results for the Second Quarter Ended June 30, 2020	20-07-27	CI
Saudi Fund Snaps Up Some U.S. Stock Bargains	20-05-18	DJ
National Petrochemical Co. Announces the Distribution of Cash Dividend for Distribution of Dividends to the Shareholders for the Year 2019	20-03-05	CI
National Petrochemical Company Reports Earnings Results for the Fourth Quarter Ended December 31, 2019	20-01-29	CI
National Petrochemical Company Reports Earnings Results for the Third Quarter Ended September 30, 2019	19-10-28	CI
National Petrochemical Company Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-07-29	CI
National Petrochemical Company Reports Earnings Results for the First Quarter Ended March 31, 2019	19-04-24	CI
National Petrochemical Company(SASE:2002) added to S&P Global BMI Index	19-03-18	CI

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Company Profile

National Petrochemical Co SJSC (Petrochem), is a Saudi Arabia-based joint stock company that operates in the petrochemical sector. The Company is engaged in the development, establishment, operation, management and maintenance of petrochemical, gas, petroleum and other industrial plants; wholesale and retail trading in petrochemical materials and products, and owning land, real estate and building for the Company's benefits. The Company invests in its subsidiaries: Saudi Polymers Company, which is focused on the production of petrochemical products, such as Ethylene, High Density Polyethylene (HDPE), Low Density Linear Polyethylene (LDLPE), Hexene, Polypropylene (PP) and General Purpose Poly Styrene (GPPS) and High Impact Poly Styrene (HIPS) in its plants in Jubail Industrial City, and Gulf Polymers Distribution Company FZCO. The Company is a subsidiary of Saudi Industrial Investment Group (SIIG).

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