Thursday, Aug 04, 2011
SINGAPORE (Dow Jones)--Kuwait Paraxylene Production Co. will carry out a repair program at its aromatics complex in Shaubia for two to four weeks beginning some time in October, traders familiar with the matter said Thursday.
"The plan is tentative, so the exact timing is not certain, and they haven't decided whether they want to shut the whole plant or just reduce the running rate," a trader said.
The maintenance is expected to increase the supply of full-range naphtha but reduce light-grade supply.
The plant, which feeds on full-range naphtha, has an annual production capacity of 770,000 tons of paraxylene, 370,000 tons of benzene and 803,000 tons of light naphtha.
Kuwait Paraxylene is a wholly-owned subsidiary of Kuwait Aromatics Co., a joint venture of Kuwait National Petroleum Co., Petrochemical Industries Co. and Qurain Petrochemical Industries Co.
-By Max Lin, Dow Jones Newswires; 65-6415-4063; max.lin@dowjones.com
(END) Dow Jones Newswires
04-08-11 0909GMT
