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Jul 31 2011

Petro Rabigh Says Starts Up High Olefins Unit After Maintenance

Sunday, Jul 31, 2011

RIYADH (Zawya Dow Jones)-- Rabigh Refining and Petrochemical Co. (2380.SA), or Petro Rabigh , said Sunday it started up its high olefins fluidized catalytic cracking unit after completing all additional maintenance work.

All the production units at the complex are now in operation and the periodic maintenance program is now complete, the firm said in a statement posted on the Saudi bourse website. The entire complex will reach its full operational capacity by August 15, it added.

State-owned Saudi Arabian Oil Co. , or Saudi Aramco , and Japan's Sumitomo Chemical Co. (4005.TO) each hold a 37.5% stake in Petro Rabigh , with the remaining 25% owned by the general public, according to Zawya.com data.

-By Summer Said; Dow Jones Newswires; +966-546-842-373, summer.said@dowjones.com

Copyright (c) 2011 Dow Jones & Co.

(END) Dow Jones Newswires

31-07-11 1312GMT

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