20/03/2014 08:44 AST

In reference to SIIG announcement on Tadawual website on 3-4-1435 corresponding to 3-2-2014, regarding the progress and developments of Petrochemical Conversion Company (PCC) at Jubail Industrial City, SIIG announces that PCC has entered the commissioning and startup phase of the second plant at the PCC complex, which produces High Density Polyethylene Pipes on March 19, 2014. This commissioning phase will extend until all plants at PCC have been completed, which is expected to start-up sequentially during this year. SIIG will announce any further updates; in addition, it is difficult to measure the financial impact until the completion of all PCC projects. PCC is owned equally between SIIG and Arabian Chevron Phillips (ACP).


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