27 August 2012 09:59 [Source: ICIS news]
SINGAPORE (ICIS)--Yanbu National Petrochemical Co (Yansab) said over the weekend its petrochemical complex in ?xml:namespace>
The cracker was shut on 17 August because of a technical failure, the company said in a filing to the Saudi Stock Exchange. The cracker has a 1.3m tonne/year ethylene capacity.
“This has led to a cessation of production in some units that depend on ethylene and propylene as feedstock. All units were restored back to normal operation on Friday 24th August 2012,” it said without providing further details.
“This temporary shutdown did not preclude the company commitment toward its customers,” Yansab said.
Yansab produces ethylene glycol, high density polyethylene, low linear density polyethylene, polypropylene, butane 1, butane 2, methyl tertiary butyl ether (MTBE) and benzene, toluene, xylene (BTX) at the site.
The company said it expects the financial impact of the shutdown to be reflected in its third-quarter financial results.
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