News Code : 43420

Saudi Arabia's Advanced Petrochemical Company is running its 500,000 mt/year propane dehydrogenation unit and a polypropylene unit of 450,000 mt/year, at its Jubail complex at 40% capacity, due to the Saudi oil attack that happened on Saturday which reduced the company's supply of feedstock, the company said in a statement Monday.

Petrotahlil :The company is currently working to evaluate the financial impact, according to the statement.

Drone attacks on Saudi Aramco's Abqaiq processing facility and the Khurais field on Saturday morning have led to production cuts of around 5.7 million b/d or half of the company's production capacity, according to the kingdom's Minister of Energy, Abdulaziz bin Salman.

Advanced Petrochemical accounts for about 5% of the Middle East's propylene and PP capacities.

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