Alujain halts propylene and polypropylene complex

Riyadh-Mubasher: Alujain Corporation said a sudden technical problem occurred on Sunday at the propylene and polypropylene complex of its subsidiary NATPET at Yanbu Industrial City, which resulted in stopping production.

NATPET is currently dealing with the problem and expected production to resume within six days.

The company forecasts a financial impact of approx. SAR 6.4 million as per prevailing market prices for polypropylene, which will be reflected on Q4-15 financial results.

Mubasher Contribution Time: 14-Dec-2015 05:07 (GMT)