SABIC plans to shut down ethylene cracker in Tianjin, China, for maintenance
According to ICIS news, China’s Sinopec-SABIC Tianjin’s ethylene and propylene cracker is scheduled to be shut down for maintenance on 9 May 2020 until 9 Jul 2020. The cracker has a capacity of 1,000ktpa of ethylene and 540ktpa of propylene.
SABIC: SAR89.70 as of 27 Nov. 2019, Rating: Sell, TP: SAR90.00/share, MCap: USD71,760mn, SABIC AB/2010.SE
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