02 March 2005 07:41 [Source: ICIS news]
SINGAPORE (CNI)--Saudi Arabia’s Sharq will shut its 450,000 tonne/year No 2 monoethylene glycol (MEG) line for a three-week turnaround starting this week, a source close to the company told CNI on Wednesday.
The shutdown is not expected to affect supplies to the company’s customers as there are enough inventories to meet the demand.
Sharq is a joint venture between Sabic and Japanese consortium Saudi Petrochemical Development Corp (SPDC), whose members include Mitsubishi Chemical and Mitsubishi Corp.
The company operates three MEG lines at Saudi Arabia’s Al-Jubail petrochemical site, with a total capacity of 1.4 million tonne/year.
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