Connecting intelligence with intelligence

×
Advertisement

Oct 09 2011

Saudi's Advanced Petrochemical Co Shuts Down Polypropylene Unit

Sunday, Oct 09, 2011

(This item was originally published Saturday.)

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

Copyright (c) 2011 Dow Jones & Co.

(END) Dow Jones Newswires

09-10-11 0359GMT

Post Your Comment

Sending ...

Copyright © 2012 Zawya Ltd. All rights reserved.

provided by  www.zawya.com

Send This Article To Your Friends

All fields are required.

Use commas for multiple email addresses

We'll use your email address to send the article on your behalf and it will not be collected or used for any other purposes.

X