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...- China PP, PE markets join global rally after Lunar New Year holiday
- PE, PP and PVC supply crunch exacerbated on US absence, traditional trade flows upended
- European PP, PE markets set for 5th bullish month as shortage bites
- Turkey shattered as PP prices shoot up to surreal levels
- Polymer markets face one of most chaotic times
- Turnaround season set to get underway in Asia
- Crude oil heals COVID-inflicted wounds; now what lies ahead?
- Global shipping turmoil deepens, adding to the upheaval in plastic resins
- China’s post-holiday polymer outlook supported by supply limitations, crude oil
- US PE exports hit record high for 2020 despite production and logistics hurdles
