26 November 2007 11:33 [Source: ICIS news]
The turnaround at the 340,000 tonne/year unit would coincide with a shutdown at the adjoining Sohar refiner, which provides propylene feedstock to the PP plant, the source added.
Oman Polypropylene officials were not available for comment.
“The company is not expected to export any PP cargoes in January due to the turnaround,” the source added.
“Markets [Middle East/south ?xml:namespace>
Prices rose by up to $30/tonne in the Middle East and south Asia on Friday from a week earlier on the back of limited availability and strong demand, according to global market intelligence agency ICIS pricing.
Oman Polypropylene did not offer PP cargoes to the Middle East and south
Oman Polypropylene is co-owned by Oman Oil with a 40% stake, LG International with 20%, Gulf Investment with 20% and International Petroleum Investment holding a 20%.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections