Nippon Petchem metathesis unit start-up by end-May

13 April 2006 07:55  [Source: ICIS news]

SINGAPORE (ICIS news)--Nippon Petrochemical Corp (NPCC) plans to start-up its  metathesis unit by the end-May, almost two months after it was shut due to technical problems, a company official said on Thursday.

The unit, which can produce up to 160,000 tonne/year of propylene, was shut on 23 March after a series of teething problems that had plagued it since it was commissioned on 3 March.

“We have to change the catalyst and the start-up will be slightly delayed,” said the source, who did not give any specific dates.

Nippon Petrochemical will be a key Japanese exporter of propylene once the unit is operating smoothly, with almost all of its output slated for export to Taiwan, South Korea and China. The cargoes are mostly sold on a contract basis and priced on a formula.

The outage has added to the tight supply situation in Northeast Asia, with May prices expected to hit $1,000/tonne – an increase of over $50/tonne from April.


By: Steve Tan
+65 6780 4359



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