SABIC’s EG sales to Europe said to be unaffected after Jubail fire

02/05/2016 Argaam

Saudi Arabia Basic Industries Corp.’s (SABIC) ethylene glycol  (EG) sales to Europe have so far been unaffected by a fire which broke out at the Jubail United Petrochemical Co. (JUPC) plant last month, ICIS reported, citing unnamed sources close to the matter.

 

“Our sales in Europe at this stage are continuing as planned,” a company source was quoted as saying.

 

JUPC, which is 75 percent owned by SABIC, had shut down its 700,000 metric tons/ year No 1 monoethylene glycol (MEG) unit for a two-week maintenance program when the fire occurred.

 

The unit was not restarted on time due to the fire, which killed 12 people and injured 11.

JUPC is a traditional importer into Europe focusing on contractual commitments.

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