Advanced to shut down PP plants for maintenance

22/02/2018 Argaam

 

Advanced Petrochemical Co. will halt operations at its propylene and polypropylene plants for scheduled maintenance starting Feb. 26 and 28, respectively, the company said in a statement to Tadawul on Thursday.

 

The propylene unit will resume operations on March 24, after catalyst replacement, while the other facility will be restarted on March 15 on utilizing available and outsourced propylene.

 

The relevant financial impact, based on propylene and feedstock prices, will show in Q1 2018.

 

The planned shutdown is aimed to enhance efficiency and reliability of operations, Advanced said, adding that the related effect has been taken into account when preparing the 2018 budget in terms of production volumes and revenue.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read