KHOBAR, Saudi Arabia, Aug 27 (Reuters) - Saudi Arabia's Sahara Petrochemical Co said on Wednesday its subsidiary had fixed a technical fault at a utilities unit and was **w working on restarting production. Sahara, which ended merger talks with Saudi International Petrochemical Co (Sipchem) in June, said Aug. 17 a shutdown in polypropylene output had occurred at Al Waha Petrochemicals which could reduce third-quarter profit at the parent firm by nearly 9 million riyals ($2.4 million). It did **t provide an updated loss estimate in its statement on the Saudi bourse website on Wednesday. ...
08-28-2014, 12:46 PM
Saudi Sahara Petrochemical's subsidiary restarts output after glitch
العرض الشجري