Saudi’s SHARQ restarts MEG unit after turnaround – SABIC

26 November 2012 06:28  [Source: ICIS news]

SINGAPORE (ICIS)--Eastern Petrochemical’s (SHARQ) monoethylene glycol (MEG) plant in Al Jubail, Saudi Arabia, was restarted late last week after undergoing about 10 weeks of maintenance, its parent firm SABIC said over the weekend.

The 700,000 tonne/year MEG plant resumed operations on 22 November. It was taken off line at the start of September for maintenance and repairs, SABIC said in a filing to the Saudi Stock Exchange on 24 November.

“The temporary shutdown will not have a material impact on the company results,” SABIC said.

SHARQ is a joint venture between SABIC and Saudi Petrochemical Development and a consortium of Japanese firms led by Mitsubishi Corp.

By: Pearl Bantillo
+65 6780 4359

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