Petro Rabigh to resume full petrochemical complex ops by 15 Aug

01 August 2011 11:08  [Source: ICIS news]

Petro RabighSINGAPORE (ICIS)--Petro Rabigh expects to completely resume production at its petrochemical complex by mid-August, just in time for the peak polymer demand season in the Middle East, industry sources said on Monday.

The company announced on Sunday that it restarted its high olefins fluid catalytic cracker (HOFCC) in Saudi Arabia on 31 July after a prolonged maintenance, with its Rabigh petrochemical complex set to achieve full operational capacity by 15 August.

The whole petrochemical complex was taken off line on 21 April for maintenance.

“It is a good news that Petro Rabigh is back in the market, because the demand in the Middle East for polymers will improve in September after the Ramadan is over as the seasonal peak will kick off, such as in the carpet industry,” a Dubai-based trader said.

The Middle East market is currently observing the Muslim fasting month of Ramadan, during which time trading slows down.

“By the time Petro Rabigh has cargoes to dispatch that will be for September shipments,” said another polymer trader from Dubai.

The Rabigh complex includes a 400,000 bbl/day refinery, a 700,000 tonne/year polypropylene (PP) plant; a 600,000 tonne/year linear low density polyethylene (LLDPE) unit; a 300,000 tonne/year high density PE (HDPE) plant, 200,000 tonne/year propylene oxide (PO) facility and a 600,000 tonne/year monoethylene glycol (MEG)  plant.

Petro Rabigh is a joint venture between oil and gas firm Saudi Aramco and Japan’s Sumitomo Chemical.

By: Ong Sheau Ling
+65 6780 4359

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