Saudi Arabia's Sipchem restarts methanol, carbon monoxide plants

30 January 2014 09:19  [Source: ICIS news]

A methanol tankDUBAI (ICIS)--Saudi International Petrochemical Co’s (Sipchem) methanol and carbon monoxide plants in Al Jubail are back on line following a two-weeks outage, the company said on Thursday.

The methanol plant with a 967,000 tonne/year capacity  and the 345,000 tonne/year carbon monoxide unit were shut down on 14 January.

“Sipchem has successfully completed the repair and maintenance works needed to address malfunctions at the plants. Both the plants resume production on Wednesday [29 January],” the company said in a bourse filing.

This was the second time that Sipchem’s methanol plant went off line since the start of the year. The unit was shut in the first week of this month due to technical reasons.

Sipchem said the company has also resumed production of acetic acid and butanediol as a result of the availability of feedstock.

“Several maintenance works that were scheduled for the year have been completed during this period, which we hope will have a positive impact on the level of performance of the plants in terms of production and operational efficiency,” it added.

Established in 1999, Sipchem manufactures and markets methanol, butanediol, tetrahydrofuran, acetic acid, acetic anhydride, vinyl acetate monomer, as well as carbon monoxide through its various affiliates

By: Aamir Ashraf

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