Advanced shuts down PP complex to boost efficiency

05/01/2017 Argaam

Advanced Petrochemical Co. (Advanced) will halt operations in its propylene and polypropylene plant for a maximum of ten days starting Jan. 10, 2017 to boost operating efficiency, the company said in a statement on Tadawul.

 

The relevant financial impact will appear on Q1 2017 earnings and is expected to be marginal, the statement said.

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