Saudi Arabia’s Petro Rabigh delays MEG plant shutdown to July

15 June 2012 05:10  [Source: ICIS news]

SINGAPORE (ICIS)--Saudi Arabia’s Petro Rabigh plans to postpone a turnaround at its 600,000 tonne/year monoethylene glycol (MEG) plant in Rabigh, Saudi Arabia, by half a month to 1 July, a source close to the company said on Friday.

The shutdown date was rescheduled to 1 July and the plant will be off line for 26 days, the source said.

The company delayed the shutdown because the original date coincides with the financial close of the second quarter of the year, the source added.

The shutdown will have little impact on Petro Rabigh’s supply as the producer has stocked up its inventories to cover the expected production loss, the source said.

The plant has a nameplate capacity of 600,000 tonnes/year, but is capable of producing up to 700,000 tonnes/year of MEG, according to the source.

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

By: Becky Zhang
+65 6780 4359

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