18 February 2013 03:53 [Source: ICIS news]
SINGAPORE (ICIS)--Saudi Arabia's National Petrochemical Industrial Co (NATPET) has extended the turnaround at its propylene and polypropylene (PP) complex in Yanbu because of technical issues, parent firm Alujain Corp said over the weekend.
The period of the shutdown needs to be extended by approximately two weeks because of “certain unforeseen mechanical maintenance requirements to be completed prior to resuming production”, the company said in a statement issued on the Saudi bourse, Tadawul, on 16 February.
The company had planned to shut the facility for 22 days from 27 January this year for a “full turnaround”, it said.
NATPET has a nameplate capacity of 400,000 tonnes/year of PP in Yanbu.
The PP plant produces homopolymer, and random and heterophasic copolymer grades.
The loss in output resulting from the extension of the turnaround is estimated at 13,824 tonnes of PP that is worth about Saudi riyal (SR) 71m ($19m), according to Alujain Corp.
($1 = SR3.75)
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