10 May 2013 11:34 [Source: ICIS news]
SINGAPORE (ICIS)--Saudi Arabia's Petro Rabigh successfully restarted its propylene oxide (PO) facility during the weekend of 4 May, market sources said on Friday. However, further details are not yet available as company officials declined to provide further comments.
The 200,000 tonne/year facility at Rabigh in Saudi Arabia has been experiencing unspecified problems since December last year.
The resulting intermittent production means the company may not have any PO material to offer to the commercial markets in Asia in early June. Shipments from the Middle East typically take around six weeks to arrive at ports in Asia.
According to Chinese customs statistics, Petro Rabigh, one of the top three PO suppliers to China, controlled up to 30% of the import market in 2012.
The company is a 50:50 joint venture between state-owned Saudi Aramco and Japan’s Sumitomo Chemical.
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