Kuwait’s PIC to begin PP shutdown in December

25 September 2007 09:44  [Source: ICIS news]

SINGAPORE (ICIS news)--Petrochemical Industries Co (PIC) will shut down its 120,000 tonne/year polypropylene (PP) plant in Shuaiba for a 49-day maintenance turnaround on 22 December, after the three-day Eid holidays, a source close to the company said on Tuesday.


The shutdown would be in line with the turnaround of its propylene feedstock supplier’s refinery, the source said. 


Kuwait National Petroleum Co (KNPC), which holds a 100% stake in PIC, produces 100,000 tonnes/year of propylene at its refinery in Shuaiba.


“The shutdown will not have much impact on PP supply in the region, as NatPet’s PP plant at Yanbu will go on stream in December,” a trader said. 


PP supply in the Middle East has been limited recently and some market players expect it to remain fairly tight in the next few weeks due to planned and unplanned shutdowns at regional plants. 


PIC has only just resumed full production at its PP plant after a 10-day outage which ended on 21 September. Saudi Polyolefins Co’s 450,000 tonne/year PP plant at Al-Jubail restarted two weeks ago after a 25-day scheduled maintenance shutdown.

By: Prema Viswanathan
+65 6780 4359

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