National Industrialization Co. (Tasnee) has announced the planned periodic maintenance shutdown at the Saudi Ethylene and Polyethylene Co. (SEPC), a joint venture of Tasnee Sahara Olefins Co. (TSOC), of which Tasnee owns 60%. This will coincide with the extended shutdown related to the ethylene cracker expansion project, in accordance with established technical and operational standards to ensure operational efficiency, safety, and production sustainability.
The shutdown will commence on 2 January 2026, and will last approximately 66 days.
The shutdown is part of the company’s scheduled operational plans, which aim to enhance operational efficiency, improve the plant’s technical performance, and complete the expansion process.
The financial impact on this scheduled shutdown will be reflected in the financial results of 1Q26, and its magnitude will depend on the company’s products prices and the actual duration of the shutdown. The company is taking all necessary measures to minimise the financial and operational impact of the shutdown period by ensuring the readiness of its maintenance and operational teams. The company will announce any material developments as they occur.