14 May 2012 10:31 [Source: ICIS news]
SINGAPORE (ICIS)--Saudi Kayan resumed production at its facilities in ?xml:namespace>
In a filing to the Saudi Stock Exchange on 12 May, Saudi Kayan said that the pause on most of the company’s plants at the site was caused by a problem in the production of steam used in its manufacturing operations.
Among the plants that halted operations are Saudi Kayan’s 400,000 tonne/year high density polyethylene (HDPE) plant, its 350,000 tonne/year PP plant in Al-Jubail and its 650,000 tonne/year ethylene glycol plant.
The company has yet to assess the financial impact of the outage, but expects it to be limited.
Publicly listed Saudi Kayan is 35% owned by Saudi petrochemical giant SABIC.
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