Saudi's Sipchem says production back to normal
8/24/2016 6:32:17 AM
Photo courtesy of Sipchem.
(Reuters) Saudi International Petrochemical Co. (Sipchem) said Monday that a technical problem at its unit, International Gases Co., which had disrupted operations at two other units since mid-August, had been resolved and production was back to normal.
Production of acetic acid at International Acetate Co. and ethyl acetate at Sipchem Chemicals Co. is now at full capacity, Sipchem said in a statement.
The financial impact of the disruptions is estimated at $4.6 MM, which will be reflected in Q3 results, Sipchem said.
Reporting by Hadeel Al Sayegh; Editing by Andrew Torchia
Related News
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns
- Russian oil refineries' peak maintenance expected in January and September
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal
Comments