Saturday, Oct 08, 2011
DUBAI (Zawya Dow Jones)--Saudi Arabia's Advanced Petrochemical Co., or APC, said Saturday it had shut down its polypropylene unit on Oct. 6 as part of "necessary repairs."
Works are due to be completed within 10 days, APC said in a statement posted on the Saudi bourse website.
The company added that the financial impact of the plant closure would be reflected in its fourth-quarter results.
APC's shares were last trading 1.81% higher at SAR28.10.
-By Dubai Bureau, Dow Jones Newswires; +9714 446-1686; djnews.dubai@dowjones.com
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08-10-11 0840GMT
