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Petro Rabigh slashes PP exports in September

September 03/2010

SINGAPORE (ICIS) -- Rabigh Refining and Petrochemical Co (Petro Rabigh) has slashed export cargoes in September after the restart of its 700,000 tonne/year polypropylene (PP) plant in Rabigh, Saudi Arabia, in order to build inventory, a source familiar with the company said on Friday.

 

The company is in the process of ramping up operating rates at the plant and expects to achieve full output only by 6 September. Petro Rabigh would begin to export PP again in October.

 

The PP plant was taken off line in early August because of a shortage of feedstock propylene, on the back of an outage at the companys fluid catalytic cracker (FCC). It was restarted on 27 August. The unplanned shutdown of the PP plant had tightened the products supply in the Middle East market, said traders. Petro Rabigh has a total installed propylene capacity of 900,000 tonnes/year.

 

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