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(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. |
