MOSCOW (MRC) -- Saudi Arabia's Jubail United Petrochemical Company (JUPC), a wholly-owned subsidiary of Sabic, has brought forward scheduled maintenance on its No. 1 monoethylene glycol (MEG) unit, industry sources told TPS.
Maintenance on the company's No. 1 MEG unit, which has an annual capacity of 700,000 mt/year, has been pushed earlier to start somewhere within H2 February and H1 March. The unit, located in Saudi Arabia's Al-Jubail industrial city, was originally scheduled to undergo maintenance in H2 March.
According to sources, the plant is expected to be down for about 50 days. Assuming it runs at 100% capacity, this could result in a stoppage loss of 95,890 mt of MEG, or 95 standard-sized parcels.
SABIC holds a 75% stake on JUPC, which was established in 2001. The company has three petrochemical production facilities in Jubail making ethylene, propylene, ethylene glycol and linear alpha olefins (LAO).
We remind that, as MRC informed previously, in October 2015, Sabic announced a restructuring to make itself more agile and cost-efficient, following a comprehensive review of the challenges facing the Middle East’s biggest petrochemicals company. The new organizational structure should be in place by January 1, the company said in its statement then. Sabic’s innovative plastics unit will be broken up and reallocated to other divisions, including chemicals and polymers and a new unit called specialties.
Saudi Basic Industries Corporation (Sabic) ranks among the worldпїЅs top petrochemical companies. The company is among the worldпїЅs market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers.
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