Text size:

  • Small
  • Normal
  • Large

Strike at Sabic Dutch chemical plant hits output

A strike by workers at the Sabic Europe Chemicals Geleen plant in the Netherlands has cut production, the company's Saudi Arabian owner said on Saturday.

A strike by workers at the Sabic Europe Chemicals Geleen plant in the Netherlands has cut production, the company's Saudi Arabian owner said on Saturday.

Saudi Basic Industries Corp (Sabic) said in a bourse statement that talks with a union over working conditions had not yet been successful and that it did not know what impact the strike would have on profits or production.

"The decrease in production begins 31/1/2013 due to the proactive measure taken by the union workforce as a consequence of no finalised agreement regarding work conditions," it said in the statement.

In Geleen, Sabic has two naphtha crackers and several polymerisation plants to produce polyethylene and polypropylene. Galeen produces 1.25 million tonnes per year of ethylene, 725,000 tonnes per year of propylene, 940,000 tonnes per year of polyethylene, and 620,000 tonnes per year of polypropylene.

"It is not possible to determine the financial effect or the effect on production capacity, at this time, because the affected plants are not yet known," Sabic added in the statement.

A Sabic spokesman in Europe said the disagreement was over payments to staff who might become redundant in the future.

Back to the top

More articles


Editor's Picks

 Cityscape Abu Dhabi 2014 will run until April 24, 2014. Fatima Al Marzooqi / The National.

In pictures: Cityscape Abu Dhabi 2014 opens
at Adnec

Key developments and master plans are being unveiled at this year’s property exhibition in the capital.

 Marina Square apartments Reem Island: Q1 2% rise. Studio - Dh65-68,000. 1BR - Dh75-95,000. 2BR - Dh110-145,000. 3BR - Dh170-190,000. Q1 2013-Q1 2014 no change. Sammy Dallal / The National

In pictures: Where Abu Dhabi rents have risen and fallen, Q1 2014

Find out how rental prices in the prime locations in Abu Dhabi have altered during the first three months of the year and the current rates you will pay according to data provided by Asteco.

 Designed by London-based Thomas Heatherwick, founder of Heatherwick studio, the park will feature an outdoor cinema, an organic garden, picnic areas and cafes and restaurants. Photo courtesy Salama bint Hamdan Al Nahyan Foundation

Futuristic Abu Dhabi park to be built in the desert shade

Spread over 125,000 square metres, Al Fayah Park, on Airport Road, will be covered by a sand-coloured canopy, 20 metres high, with the appearance of cracked desert land from above.

 Room with a view from one of the 21 duplex penthouses located in the Gate Towers sky-bridge. The sports courts and swimming pools can be seen below. Courtesy Alda

In pictures: Aldar’s Gate Towers Penthouse Collection on Reem Island

Aldar launched its Gate Towers Penthouse Collection at Cityscape Abu Dhabi. The launch features 21 penthouses spanning the skybridge, with each having a private indoor pool and incredible views.

 The Wind, Energy, Technology and Environment Exhibition takes place from April 14 to April 16. Above, the Dewa showroom during last year’s Wetex. Jaime Puebla / The National

April corporate and economic calendar for the UAE and overseas

From Cityscape to Wetex to stock-market holidays to nations reporting first-quarter GDP figures, here is our helpful calendar of April's business events in the UAE and internationally.

 Get the latest information on credit cards, bank accounts and loan products in the UAE. Mark Lennihan / AP Photo

Rates report: Latest on UAE loans, accounts and credit cards

Souqamal.com brings you the latest interest rates on banking products in the UAE.

Events

To add your event to The National listings, click here

Get the most from The National