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Regions :: Middle East :: Saudi Arabia

Petro Rabigh restarts ethane cracker, estimates hit on second-quarter results of SR180 million

7:58 AM MDT | May 7, 2013 | Natasha Alperowicz

Petro Rabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, says it has completed maintenance work on its ethane cracker at Rabigh, Saudi Arabia. The olefins unit had been down since 21 April. Petro Rabigh is carrying out safety checks and is in gradual start-up of the facility and units, which are integrated with the cracker. Petro Rabigh expects the shutdown to have an estimated impact on net profit of 180 million Saudi riyals ($48 million) in the second quarter of 2013.   The cracker, which uses ethane supplied by Aramco, produces 1.3...

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