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Saudi's Al Waha Petrochemical restarts polypropylene plant
26
Feb '13
The polypropylene plant of Al Waha Petrochemicals Co, an affiliate of Saudi Arabia-based Sahara Petrochemicals Co, has restarted its polypropylene plant.
 
A sudden technical interruption of the cooling water system at the plant had resulted in the shutdown of all the production units on February 14, 2013.
 
“All the necessary maintenance works of Al Waha’s plant have been completed and it has also initiated the necessary steps to restart the operation and production units,” said a statement filed by Sahara Petrochemicals on the Saudi Stock Exchange.
 
The shutdown of the plant for few days is likely to decrease polypropylene production by about 10,000 tons and may also affect the net profit of the company by approximately two million Riyals during the first quarter of 2013, according to the company.
 
Al Waha Petrochemical has been set up as a joint venture between Sahara and the Netherlands-absed LyondellBasell.
 
The Al Waha Plant is located in Jubail Industrial City in the eastern region of Saudi Arabia and commenced commercial operations on April 1, 2011.

Fibre2fashion News Desk - India

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