Maintenance shutdown at Sahara Petrochemical affiliate's ethylene and propylene plant

03-Sep-14
Saudi Arabia's Sahara Petrochemical Co said on Sunday a unit of an affiliate will shut a ethylene and propylene plant for planned maintenance, as per Reuters. The plant, owned by Saudi Ethylene and Polyethylene Co, will be offline from Sept. 1 for 24 days, Sahara said in a bourse filing. Clients would be served from standby inventory during this time and the impact on Sahara would be worth 3.8 million riyals (US$1.01 million) in lost profit.
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