18 February 2013 06:01 [Source: ICIS news]
SINGAPORE (ICIS)--Saudi’s Al-Waha Petrochemical Co is expected to restart its polypropylene (PP) plant in Saudi Arabia by 23 February after an outage because of technical problems, according to a statement by its affiliate Sahara Petrochemicals Co over the weekend.
According to ICIS data, the plant in Jubail has an operating capacity of 450,000 tonnes/year.
All production units were unexpectedly shut down on 14 February after a sudden technical interruption of its water cooling system.
“Necessary action is being taken to repair the breakdown and it is expected to take a period of one week from today [16 February] to complete the repair process. Such interruption is expected to cause a decrease of the production rate of 10,000 tonnes of PP,” the statement added.
The company estimates the shutdown to cause a decrease of first quarter net profits of Saudi riyals (SR) 2m ($533,000).
During the shutdown period, the company will tap on its PP reserves to supply to its clients.
Al Waha was established in September 2006 as a limited liability joint venture company between Sahara and LyondellBasell.
($1 = SR3.75)
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