14 November 2006 16:27 [Source: ICIS news]
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The first project is a 400,000 tonnes/year linear-low-density and high-density polyethylene plant pursued jointly by Empresa Nacional del Petroleo (ENAP) and Petroquim. The second one is a 230,000 tonnes/year PP plant.
Cost for the plants has risen to $1.4bn (€1.1bn), he said, but did not confirm or deny talk that Petroquim was looking for a partner to share in the investment.
Currently, the major challenge for the Chilean PP industry remains the availability of propylene, Silva said.
Petroquim upgraded PP production capacity earlier this year to 140,000 tonnes/year - an increase of 30,000 tonnes. The extra capacity, however, has not been utilised for lack of propylene.
Petroquim has about a 70 % share of
The APLA conference, which attracted more than 700 participants representing 240 companies, ends on Tuesday.
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