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Saudi Kayan Petrochemical Co. announces that a limited fire occurred in an operating unit of the Bisphenol Plant
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| Announcement Detail | Saudi Kayan Petrochemical Company (Saudi Kayan) announces that a limited fire occurred on Wednesday, September 13, 2023, in one of the operating units of the Bisphenol Plant which is considered a raw material for the Polycarbonate Plant. It was brought under control immediately without any impact on the other operational units of the company, and there were no human injures, Saudi Kayan is currently determining the root causes, evaluating the effects resulting from this fire and determine the financial impact as well, knowing that all of the company’s plants and facilities are subject to comprehensive insurance coverage in accordance with its regulated terms and conditions. Any material developments in this regard will be announced later on. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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