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Saudi Sipchem to restart PP and PE plant after maintenance

February 08/2021

MOSCOW (MRC) -- Sahara International Chemical (Sipchem) intends to restart its polypropylene (PP) and low density polyethylene (LDPE) plant in Jubail this week after completing the maintenance works, reported CommoPlast.

The turnarounds were scheduled to begin on 1 February. 2021.

The weeklong turnaround took place at the 200,000 tons/year PP unit and the 200,000 tons/year LDPE unit.

As MRC informed earlier, Sipchem is planning to mothball the Polybutylene Terephthalate (PBT) plant, owned by its affiliate, Sipchem Chemical Co., and Ethylene Vinyl Acetate (EVA) Film plant that is owned by affiliate firm, Saudi Specialized Products Co. Steps to implement the decision are underway, Sipchem said in a statement to Tadawul, adding that the suspension of both plants will start on Jan. 1, 2021, until further notice. The company expects a positive financial impact starting from Q1 2021 results.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,220,640 tonnes in 2020, up by 2% year on year. Only shipments of low density polyethylene (LDPE) and high density polyethylene (HDPE) increased. At the same time, polypropylene (PP) shipments to the Russian market reached 1 240,000 tonnes in 2020 (calculated using the formula: production, minus exports, plus imports, excluding producers' inventories as of 1 January, 2020).


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, LDPE, Sahara Petrochemical, Sipchem, Russia, Saudi Arabia.
Category:General News
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