Saudi Arabia's Sharq to restart 750 kt/yr lldPE plant by 2 Apr

30 March 2005 02:25  [Source: ICIS news]

SINGAPORE (CNI)--Saudi Arabia's Sharq plans to restart its 750,000 tonne/year low linear-density polyethylene (lldPE) plant at Al-Jubail by 2 April after shutting the plant for a planned turnaround on 26 March, CNI was told on Wednesday.

 

A company official said that there would be an output shortfall of 17,000-18,000 tonne as a result of the turnaround, but this would not affect April supplies as the company had built its inventories beforehand.

 

Sharq is a 50:50 joint venture between Saudi Arabian major Sabic and Japanese consortium Saudi Petrochemical Development Corp (SPDC), whose members includes Mitsubishi Chemical and Mitsubishi Corp.

 

Under the joint venture agreement, SPDC has marketing rights to 300,000 tonne/year of the plant's output, while Sabic gets the remaining quantity.

By: Caroline Sin
+65 6780 4359

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