RELEASED ON 04/04/13 (DD/MM/YY)

 Jubail Chevron Phillips has restarted early this week after undergoing maintenance that lasted more than a month, its parent firm the Saudi Industrial Investment Group (SIIG),  said late on Wednesday.

“The Jubail Chevron Phillips (JCP) project has resumed operations after completing the required maintenance work on 03 Apr 2013,” SIIG said in a filing to the Saudi Stock Exchange.

The JCP facility located in Al-Jubail, which was taken off line on 18 February, produces 777,000/year tonnes of styrene and 320,000 tonnes/year of benzene. The facility also produces ethylbenzene and propylene.“The company is currently working on gradually increasing production till the regular plant production capacity is reached,” SIIG said.

JCP is a 50:50 joint venture between Arabian Chevron Phillips Petrochemical Co – a wholly-owned subsidiary of US’ Chevron Phillips Chemical – and SIIG .

SOURCE Icis News