Al Waha restarts production, fully operational early next week

08 June 2010 15:21  [Source: ICIS news]

LONDON (ICIS news)--Saudi Arabia-based Al-Waha Petrochemical Co’s polypropylene (PP) unit in Al-Jubail is currently restarting production and should be back to its usual operating rates by the start of next week, a source close to the company said on Tuesday.

The site, with a nameplate capacity of 450,000 tonne/year according to ICIS plants and projects data, had been down for over a week due to a technical issue, thereby leaving supply from the site short, according to market players.

“We do not have much [PP] to offer from Al-Waha,” said the source. “Stocks are still short among all [Middle Eastern] suppliers and this means that the price of PP is holding up fairly well, despite a slowing down in demand and prices in Asia.”

The source added: “Al Waha is in the process of restarting today [8 June] and all being well, we should be back to normal by the beginning of next week.”

Al Waha is a 75:25 joint venture between Sahara Petrochemical Co and LyondellBasell.

For more on Al Waha, visit ICIS plants and projects
For more on polypropylene or polyethylene, visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect

By: Stephanie Wilson
+44 20 8652 3214

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