Saudi-based Rabigh Refining and Petrochemical Company (PetroRabigh) said it expects its fourth-quarter sales to be bolstered by the start of propylene oxide production.

PetroRabigh's propylene oxide's units can produce up to 200,000 tonnes per year, it said in a statement posted on the bourse website. 'This will reflect positively on the company's sales during the fourth-quarter,' it said.

The statement did not give the start date of the production of propylene oxide, which is used in producing plastics, nor indicate its output capacity.

PetroRabigh is a $10.3 billion joint-venture between Saudi Aramco and Japan's Sumitomo Chemical initially designed to be export-oriented.-Reuters