04 Jun 2015

Saudi Kayan announced launch of commercial operation at its natural alcohol (detergents grade) plant, on June 4, 2015. The announcement was made by Eng. Omar bin Abdullah Al-Amoudi, SK's Chairman. He further praised the efforts made by all company and contractor employees towards achieving this milestone. He explained that sales, and costs of sales of plant products will be calculated within the income statement starting from the date of commercial operation, in line with applicable accounting standards.

SK had announced on the Saudi Stock Exchange (Tadawul) website, on June 25, 2014; pilot operation of the natural alcohol (detergents grade) plant.

The production volume of the plant is 50 thousand tons per annum. Then new specialized product is used in making detergents, and will allow new opportunities for the local downstream industry.

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