Saudi's PetroRabigh restarts ethane cracker
12/6/2016 7:45:10 AM
DUBAI (Reuters) - Saudi Arabia's PetroRabigh said it restarted its ethane cracker after maintenance was completed, according to a bourse statement.
The company announced on Nov. 13 that it planned to stop its ethane cracker for 21 days for maintenance.
PetroRabigh at the time said the shutdown will impact its fourth quarter earnings by around $100 million.
It was the second time in recent months that the firm, a JV between Saudi Aramco and Japan's Sumitomo Chemical, has shut the unit.
PetroRabigh shut the cracker down as a precaution on June 23 to work on damage to one of the unit's turbines, restarting it on July 14.
Reporting by Hadeel Al Sayegh
Comments