| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | Basic Chemical Industries Company (BCI) announces the latest developments of the project to produce chlorine and its derivatives in Jubail Industrial City and also a change in project implementation costs from 685 million Saudi riyals to 750 million Saudi riyals |
| Previous Announcement | Commencement of work for Jubail project as well as a change in project costs from 520 million Saudi riyals to 685 million Saudi riyals |
| Date of Previous Announcement on Tadawul's Website | 2020-08-23 Corresponding to 1442-01-04 |
| Percentage of fulfilled achievement | 78% |
| Event's Expected Completion Date | End of November 2021 |
| Reasons for Exceeding the Announced End Date | The technical and engineering details were delayed and the construction was significantly delayed due to the Corona Covid-19 pandemic |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | A change in the project costs from 685 million Saudi riyals to 750 million Saudi riyals. The reasons for the increase in costs are due to the addition of some facilities necessary for the project and the high cost of construction for the project as a result of the high cost and the difference in some measurements and engineering details. |
| Impact of the Delay on the Company's Financial Results | NA |
| Additional Information | NA |
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