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Nama Chemicals Co. reported a power outage at its subsidiary, Jubail Chemical Industries Co. (JANA), effective June 7, 2026, due to unpaid electricity bills owed to Saudi Energy Co. (SEC). The company stated that its board and management are working to resolve the issue and restore services. This follows similar disruptions in November 2025 and February 2026, indicating recurring financial challenges. The power cut could impact JANA’s production capacity and Nama Chemicals’ overall financial performance, potentially affecting its stock valuation. For traders, this highlights operational risks tied to corporate debt management in the Saudi industrial sector. Investors should monitor updates on the resolution timeline and any disclosed financial implications, as prolonged disruptions may signal broader liquidity concerns.
