21 February 2007 16:21 [Source: ICIS news]
LONDON (ICIS news)--Saudi Petrochemical Co (Sadaf), a 50:50 joint venture between Shell Chemicals Arabia and SABIC, has delayed its styrene monomer (SM) project in Al Jubail, Saudi Arabia.
Shell said on Tuesday that the 720,000 tonne/year plant was due onstream in the 2009/2010 timeframe. The project had been expected onstream in the first half of 2008.
“[Sadaf] is investigating the feasibility of expanding it’s SM capacity”, a Shell spokeswoman said. “Final investment decision has not been taken yet.”
She declined to comment on reports that rising construction costs contributed to the delay.
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