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Saudi Arabia's Sadaf to cut March SM allocations to India

February 28/2012

(plastemart) -- Saudi Petrochemical Company (Sadaf), has notified contract customers in India of a decision to reduce shipments by as much as half, of styrene monomer in March.

Sadaf typically ships around 10,000-12,000 mt/month of SM to India. The reason for the reduced supply is not clear, but sources said Sadaf has not declared a force majeure on product from its 1.2 mln tpa plant in Al-Jubail.

Owned jointly by Shell Chemicals Arabia LLC and Saudi Basic Industries Corporation (SABIC), Sadaf was established in 1980 and began operating in 1984. The company operates from one of the world's largest and most competitive petrochemical complexes in the Al Jubail industrial zone on Saudi Arabia's eastern coast. Sadaf's six world-scale manufacturing plants produce over 4.7 million tonnes of building-block petrochemicals a year, primarily sold to customers in Asia Pacific.

Author:Anna Larionova
Category:General News
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