Al-Waha Petrochemical shuts down Saudi Arabia PP unit again

22 June 2010 12:04  [Source: ICIS news]

LONDON (ICIS news)--Al-Waha Petrochemical Co has again shut down its 450,000 tonne/year polypropylene (PP) unit at Al-Jubail, Saudi Arabia, due to technical issues, a source close to the company said on Tuesday.

Earlier this month, the company said it was in the process of restarting production at the unit on 8 June after it had been shut down for over a week.

Al-Waha Petrochemical's plant has suffered intermittent production difficulties since its start-up at the end of 2009.

The current shutdown meant that product in the region was not as widely available as polyethylene (PE), for which prices in June were under fairly severe downward pressure.

The European PP market was also affected by tight supply, and prices were increasing in June despite a downward trend globally.

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

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By: Linda Naylor
+44 20 8652 3214

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