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SINGAPORE (ICIS) -- Rabigh Refining and
Petrochemical Co (Petro Rabigh) has slashed export cargoes in September after
the restart of its 700,000 tonne/year polypropylene (PP) plant in Rabigh, Saudi Arabia, in
order to build inventory, a source familiar with the company said on Friday.
The company is in the process of ramping up operating rates at the plant and
expects to achieve full output only by 6 September. Petro Rabigh would begin to
export PP again in October.
The PP plant was taken off line in early August because of a shortage of
feedstock propylene, on the back of an outage at the company’s fluid catalytic
cracker (FCC). It was restarted on 27 August. The unplanned shutdown of the PP
plant had tightened the product’s supply in the Middle East market, said
traders. Petro Rabigh has a total installed propylene capacity of 900,000 tonnes/year.
mrcplast.com
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