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Tasnee Flags Maintenance Delay at JV Plant Amid Global Supply Chain Disruptions

-- National Industrialization Co. (SASE:2060), d/b/a Tasnee, said Wednesday the scheduled maintenance at its ethylene and polyethylene plant was delayed due to global supply chain disruptions.

The Saudi Arabia-listed petrochemical company will announce a revised start date in due course, adding that the financial impact of the shutdown will be reflected in its first and second-quarter earnings.

Tasnee owns a 60% stake in the facility, which operates as a joint venture.

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