PetroRabigh MEG to start exports in end-March
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PetroRabigh( a joint venture of Saudi Aramco and Sumitomo Chemical)will begin shipping monoethylene glycol (MEG) out of its new 600,000 tonne/year plant located at the Red Sea coast of Saudi Arabia in end-March.
The facility will commence commercial operations at the end of this month as planned.
The material could be shipped to various markets in Europe, south Asia and China.
The start-up of the MEG plant had been delayed from October 2008 to February this year with industry sources attributing the delay to a slide in Asian market prices.
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