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Saudi Chemical Company Holding Announces that an Accident Occurred in one of the Factories Belonging to its subsidiary “Saudi Chemical Company Limited” in Riyadh
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| Announcement Detail | Saudi Chemical Company Holding announces that an accident occurred in a reactor in a production line belonging to a factory of its subsidiary “Saudi Chemical Company Limited” in Atshanah, on Tuesday, January 02, 2024, at 2:30 a.m. Two people lost their lives in the accident, may Allah bless their souls, and four other individuals were injured. According to the initial assessments of the damages resulting from the accident, we expect the financial impact to be in the cost of repairs, which is estimated at about 10 million Riyals. The relevant authorities have been notified, and work is ongoing to complete investigations, repair the damages, and return the damaged production line to full operation. Further announcements will follow upon any important development with regard to this subject |
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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