03 November 2008 09:43 [Source: ICIS news]
By Hong Chou Hui
SINGAPORE (ICIS news)--Eastern Petrochemical Co (Sharq) will delay the start-up of its No 4 monoethylene glycol (MEG) to the end of the second quarter of 2009, a source from parent company Saudi Basic Industries Corp (SABIC) said on Monday.
The SABIC source said in an email statement that the delay to the 700,000 tonne/year line at Al-Jubail, Saudi Arabia was "due to utilities".
The three current MEG lines at the same facility have a capacity of around 450,000 tonnes/year each.
Sharq is a joint venture of Japanese companies led by Mitsubishi Chemical and SABIC.
MEG is used to make polyester fibres and yarns and polyethylene terephthalate (PET) chips.
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