Saudi Basic Industries Corp. (Sabic) will spend about $175m (€135m) to make improvements to its olefins cracker in Geleen, the Netherlands. The improvements will be made over the next 18 months at the cracker, which makes plastics feedstocks ethylene and propylene. A “substantial maintenance turnaround” also is scheduled for the site beginning in September 2013. Officials added that customers will not be affected by the improvement project, which aims to reduce the cracker’s energy consumption by eight percent. Improvements are intended to modernize the plant, which was built in the 1970s, so that it can compete with the firm’s younger plants.