SABIC plans 35 day maintenance shutdown at Yanbu petrochemical complex

20-Apr-15
Saudi Arabia's Yanbu National Petrochemical Co. (Yansab) plans to shut its petrochemical complex for maintenance for 35 days, as per hydrocarbonprocessing.com. The shutdown will include an ethylene glycol plant, which will suspend operations for 60 days. The firm, a subsidiary of Saudi Basic Industries Corp. (SABIC), estimated a financial impact of 350 million riyals ($93.3 MM), taking into consideration the drop in the current average price of products.
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