Sharq to shut MEG plant in Saudi Arabia
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, Saudi Sharq Eastern Petrochemical Company intends to shut its 700,000 tons/year No 4 MEG plant located in Al-Jubail for a reactor change between February and March 2017.
The plant is expected to be offline for about five to six weeks, sources said.
The company owns three more MEG units, two of which have 450,000 tons/year capacity each while the third one has a production capacity of 500,000 tons/year.
Sharq Eastern Petrochemicals is a joint venture between SABIC and a consortium of Japanese companies led by Mitsubishi Corp.
The plant is expected to be offline for about five to six weeks, sources said.
The company owns three more MEG units, two of which have 450,000 tons/year capacity each while the third one has a production capacity of 500,000 tons/year.
Sharq Eastern Petrochemicals is a joint venture between SABIC and a consortium of Japanese companies led by Mitsubishi Corp.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Taiwan’s Dec PVC prices to India expected to hold steady as players await ADD clarity
- Stats: Türkiye’s Q3 polymer imports down 9.5% year over year
- India's ADD proposal continues to echo through PVC markets: World’s largest buyer reshapes global trade
- Stats: Türkiye’s cumulative polymer imports hit 3-year low in Jan-Sept
- PP, PE markets torn between firmer monomers and poor dynamics in Europe
- Peak season closes with modest PP, PE gains in China, except for LDPE’s strong stand
- India finally announces ADD on S-PVC imports: What’s in store for subject countries?
- Turkish PE players hunt for signs of a market bottom amid pending Nov offers
- Freight rates rise after prolonged slump; is this rebound here to say or just a dead cat bounce?
- India’s PVC price range narrows as low-end Chinese offers fade amid ADD speculation
