(Arabian oil and gas) -- Polypropylene producers in the GCC face anti dumping duties in the Indian market. The Advanced Petrochemical Company has shut down its operation at its polypropylene to conduct necessary fixes at the propylene plant. ⌠We expect to complete the necessary fixes within ten days, the company said in a statement.
The company closed its facility, located in Jubail industrial city Saudi Arabia, on 6th October, and expects the shutdown to have an impact on financial results during the fourth quarter this year. ⌠We will re-schedule our sales and will use our inventories to meet our sales commitments, the company added.
Advanced Petrochemical (previously Advanced Polypropylene) produces 450,000 tonnes per year of polypropylene.