MOSCOW (MRC) -- Two more petrochemical companies in Saudi Arabia announced over the weekend that feedstock supplies from Saudi Aramco have returned to normal levels, said Spglobal.
Sadara and Advanced Petrochemical Co. were the two companies that announced resumption of normal supplies.
Late last week, six of Saudi Arabia's petrochemical firms said feedstock ethane supplies from Saudi Aramco returned to normal. The companies were -- Sipchem, Saudi Kayan, Tasnee, Yansab, Sabic and Petro Rabigh.
Feedstock supplies were cut to crucial Saudi petrochemical companies after the attacks on key Saudi Aramco oil facilities on September 14. The attacked oil field also produces and supplies gas for petrochemical production, and the country's petrochemical industry was particularly hit by the gas supply cut.
Feedstock ethane supplies were cut 16%-50% just after the attacks.
As MRC reported before, a number of Saudi Arabia's companies, such as Tasnee, Sadara, Advanced Petrochemical and Saudi Kayan, announced a curtailment of feedstock to their petrochemical plants, including polyethylene (PE) and polypropylene (PP) facilities, by an average of 30-50% due to the attacks on key Saudi Aramco facilities on Saturday.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,255,800 tonnes in the first seven months of 2019, up by 9% year on year. Shipments of all PE grades increased. At the same time, the estimated PP consumption in the Russian market was 796,120 tonnes in January-July 2019, up by 11% year on year. Shipments of PP block copolymer and homopolymer PP increased.
MRC