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Saudi Kayan reschedules maintenance work

Petrochemicals

Saudi Kayan has pushed back maintenance work at some of its plants by six months to March 2016

The affiliate of Saudi Basic Industries Corporation (Sabic) was due to shut an ethylene glycol and ethylene oxide plant from 1 October 2015 for 60 days for maintenance and repairs, a polycarbonate plant for 75 days, an amines plant for 65 days and an ethoxylate plant for 61 days.

The company said that it would incur losses of US$90.7mn from those shutdowns, which would be reflected in Q4 2015 earnings.