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(Arabian Oil and Gas) -- Saudi
Arabia Basic Industries Corporation (SABIC) has shut down its polypropylene plant at its subsidiary Saudi European
Petrochemical Company (Ibn Zahr ) in Al-Jubail industrial city, on the eastern
coast of the Kingdom.
“A problem with the catalyst the company uses caused the shutdown,” a source
close to the affiliate told ArabianOilandGas.com. “The catalyst was developed by
SABIC and is used at the Ibn Zahr affiliate,” he added.
Ibn Zahr is one of the world's largest producers of MTBE with an annual
capacity of 1.6 million metric tonnes and 640,000 mtpa of polypropylene.
Ibn Zahr was SABIC's first joint venture with European companies. SABIC
owns 80% and the remaining percentage is equally owned by Ecofuel of Italy and
the Arab Petroleum Investment Corporation (APICORP).
mrcplast.com
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