ADVANCED PETROCHEMICAL COMPANY ANNOUNCES THE RESUMPTION OF OPERATIONS AFTER SUCCESSFUL COMPLETION OF PERIODIC SCHEDULED MAINTENANCE

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Reference to previous announcement of Advanced Petrochemical Company (Advanced) dated February 22, 2018 regarding periodic scheduled maintenance of its Propylene & Polypropylene plants from February 26, 2018 and February 28, 2018 respectively, Advanced announces that as of March 22, 2018, our Propylene & Polypropylene plants commence operations after the successful completion of all required routine and preventive maintenance ahead of the schedule and both plants are expected to reach to their full operational capacity in next 8 to 10 days. Advanced anticipate positive impact of this periodic maintenance activity on both plants reliability and efficiency in the coming months.

The financial impact of above shut down depending on the prevailing prices of Polypropylene and feedstock will be reflected in the financial results for the first quarter of 2018.