(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.
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.