08 August 2012 10:37 [Source: ICIS news]
SINGAPORE (ICIS)--SABIC is planning to shut a 700,000 tonne/year monoethylene glycol (MEG) unit at Al-Jubail in ?xml:namespace>
The maintenance at the unit, which is located within the complex of affiliate firm Eastern Petrochemical Co (SHARQ), will last about 10 weeks, SABIC said in a statement on the Saudi bourse Tadawul.
The turnaround at the unit will also include “some repairs”, it said.
“This temporary shutdown will not preclude the company's commitment to its customers and will not have any major impact on the company,” SABIC said.
“Any new developments on this issue will be announced at the appropriate time,” the company added.
SHARQ is a joint venture between SABIC and Saudi Petrochemical Development Co (SPDC), a consortium of Japanese companies led by the Mitsubishi Corp.
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