Alujain Completes Scheduled Maintenance for PP Complex

Alujain Corp. announced on Monday the completion of the scheduled periodic maintenance work for the propylene and polypropylene (PP) complex of its subsidiary, National Petrochemical Industrial Co. (NATPET), (Alujain owns 65% of its capital), with operations resuming as planned on Thursday, Feb. 20, 2025, according to the approved plan. During this scheduled turnaround, periodic maintenance work was completed according to the scheduled plan, which will have a positive impact on the efficiency of the plants and enhance their Reliability, which supports Achieving the Company’s future operational plans. In addition, NATPET has succeeded in increasing the turnaround cycles of its plant between periodic maintenance work from two to three years, which will increase the company’s return on assets and thus its profits.

The Company stated in a statement today on “Tadawul” that the financial impact of this closure for scheduled maintenance will be reflected in the financial results in the first quarter of 2025.