Riyadh – Mubasher: Saudi Basic Industries Corp (SABIC) said it started the commercial operations at its polybutadiene industrial rubber production unit that comes as a part of its joint venture with a unit of Exxon Mobil.
SABIC also started the trial operations at the ethylene propylene diene monomer unit.
The giant Saudi-based petrochemicals groups noted that the trial operations may continue until the announcement of the commercial operations, which is expected to start during the first quarter of 2017.
The financial impact of the start of commercial operations at the polybutadiene unit would be reflected in SABIC’s fourth-quarter earnings, while the ethylene propylene diene monomer business would likely reach full capacity in the first quarter of 2017.
