Riyadh – Sadara Basic Services Company said that its parent company, Sadara Chemical Company (Sadara), has fulfilled the conditions specified by the lenders to achieve the Project Completion Date (PCD) of Sadara project.
The PCD is a key milestone that marks the completion of the Sadara project and follows the completion of the creditors’ reliability test (CRT) in December 2018, according to a bourse filing on Tuesday.
The reliability test is a monitored exercise designed to demonstrate that Sadara’s 26-plant chemical complex is operating at full capacity.
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