20 January 2012 08:15 [Source: ICIS news]
SINGAPORE (ICIS)--Polyethylene (PE) and polypropylene (PP) producers based in Al Jubail, ?xml:namespace>
The facilities halted production on 19 January and may not resume operations until after five to seven days, the analyst who covers the Middle Eastern petrochemical industry said.
Al-Jubail accounts for a huge portion of
about 65% of PE and 72% PP, according to industry estimates.
For the
A Saudi producer said the power outage in Al-Jubai lasted only a couple of hours and several plants were in the progress of restarting.
“The polymer units should be restarting within the next few days. So the loss in production should not have a significant impact on prices,” the Saudi producer said.
Additional reporting by Ong Sheau Ling