Saudi's SHARQ to shut Al-Jubail No 2 MEG unit in late Sept

15 September 2010 09:42  [Source: ICIS news]

SHANGHAI (ICIS)--Eastern Petrochemical Co (SHARQ) will shut its 450,000 tonne/year No 2 monoethylene glycol (MEG) unit in Al-Jubail, Saudi Arabia in late September for a maintenance turnaround, a source close to the company said on Wednesday.

The shutdown, which was brought forward from its initial schedule in late November, was expected to last 20 days, said the source.

However, the source was unable to provide further information on why the company had brought forward the shutdown.

The turnaround would not have much impact on supply as the company had sufficient stock, said a major regional trader.

Meanwhile, SHARQ’s 700,000 tonne/year No 4 MEG unit at the same site was having some mechanical problems, according to market sources.

The unit is currently off line, its second shutdown this month, said a source close to the company.

SHARQ is a joint venture between Saudi petrochemical giant SABIC and a consortium of Japanese companies that is led by Mitsubishi Corp.

It operates three MEG lines with a total nameplate capacity of 1.4m tonnes/year in Al-Jubail, Saudi Arabia.

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By: Becky Zhang
+65 6780 4359

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