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Saudi Kayan Petchem resumes operations at plants

May 15/2012

(joboord) -- Saudi Kayan Petrochemical Co., an affiliate of Saudi Basic Industries Co., or Sabic, said Saturday its plants resumed operations Thursday after a temporary halt of most of its factories earlier in the week.

The halt was caused by a technical breakdown in a unit that produces the steam used in the companys manufacturing operations, the petrochemical producer said in a statement posted on the Saudi bourse website.

The plants are now operating at their usual capacity, Kayan said, adding that its difficult to assess the financial impact at present but it will be very limited because the plants were stopped for a short period of time.

Among the plants that were taken off line are those producing high-density polyethylene (HDPE), polypropylene (PP) and ethylene glycol (EG), the company said.

Saudi Kayan has a 400,000 tonne/year HDPE plant, a 350,000 tonne/year PP plant in Al-Jubail and a 650,000 tonne/year EG plant at the site.

The company also has an ethylene capacity of 1.48m tonnes/year at the site.
Saudi Kayan is 35%-owned by Saudi petrochemical giant SABIC.
Author:Anna Larionova
Tags:PP, HDPE, ethylene, Sabic.
Category:General News
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