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Technical issue shut down NatPet plant

October 03/2011

(Arabian oil and gas) -- Alujain Corporation has announced that a technical defect in the dehydrogenation unit in polypropylene complex owned by ALCO's subsidiary National Company for Petrochemical Industries (NATPET), has caused a shutdown of the facility. The work is underway to repair that defect and the production is expected to return in two weeks, the company said in a statement. This will cause the company a net loss of USD 24m equal to the production of 16 KT of polypropylene in that period, the statement added.

This is the third time this year that the company has faced technical issues. The company also announced earlier this year that its polypropylene plant faced a technical problem at the dehydrogenation unit on the 18th of January, with repair work taking five days. As a consequence of this shutdown, NatPet failed to produce 3,5 KT of polypropylene worth USD 5 million.

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