Saudi Kayan resumes operations at olefins, polyolefin plants

Saudi Kayan resumed operations at its olefins plant following maintenance work, the company said in statement to the Saudi stock exchange, Tadawul. 

The company’s polyolefin and MEG plants were also restarted on Thursday. Both sites, which use feedstock coming from the olefins plant, had been affected by the shutdown. 

The restart comes after the company extended scheduled maintenance work at the olefins plant by two weeks after discovering technical issues

that led to the temporary shutdown of its HDPE, LDPE, MEG, and Polypropylene plants due to the lack of feedstock.

Financial impact will be around SAR 310 million, and will appear in first quarter statements.