On August 3, 2026, Nama Chemicals Co. released an update regarding the termination of two contracts between its subsidiary, Jubail Chemical Industries Company (JANA), and the consortium of Green Dimension Company for Environmental Services and Confident Engineering International, originally signed on February 28, 2024. Following a previous disclosure on February 5, 2025, the consortium was formally notified of the contract terminations after it was determined that the consortium had materially breached its contractual obligations and failed to implement corrective measures within the stipulated cure period. The company has commenced arbitration proceedings to preserve its legal and contractual rights, seeking full recovery of damages and losses resulting from the breaches. Additionally, the company's legal counsel is reviewing the contract related to the Sodium Chloride Return Water Treatment Project with a view to initiating separate arbitration proceedings, with associated costs to be determined at a later stage.

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