06. February 2016
SAUDI ARABIA: Natpet temporarily suspends production following ‘technical problem' at Yanbu
Alujain Corp. announced that its National Petrochemical Industrial Co. (Natpet) subsidiary experienced a sudden "technical problem" on 11 Jan. 2016, which was beyond the control of its technical team, resulting in a temporary suspension of production at its propylene and polypropylene complex in Yanbu, Saudi Arabia.
Natpet noted that it is currently dealing with the problem and production is expected to resume within 9 days. A financial impact of about SR10.5-million will be reflected in the first quarter 2016 results.
The complex has a production capacity of 400,000 t/y of propylene and 400,000 t/y of polypropylene.
Source: Weekly “PetroChemical News”, Durham, NC, USA; 18 Jan 2016
(Syed Rashid Ali, Karachi, Pakistan)