Oman Polypropylene extends shutdown by 2 weeks

15 April 2008 12:01  [Source: ICIS news]

SINGAPORE (ICIS news)--Oman Polypropylene has extended the shutdown at its Sohar plant by two weeks to late April, due to a delay in the restart of its propylene supplier, a source close to the company said on Tuesday.

 

“Propylene supply from the plant’s propylene feedstock supplier, Sohar Refinery, will only be available by around 27 April, a week after the refinery restarts,” the source said.

 

However, Oman Polypropylene was expected to offer May cargoes later this month from inventories built up prior to the shutdown, the source added.

 

The 340,000 tonne/year polypropylene (PP) plant, which was shut down on 31 March due to a disruption in supply of propylene feedstock, was earlier expected to restart by mid-April.  

 

Sohar Refinery, Oman Polypropylene’s propylene supplier, went down on 31 March due to technical problems, the source said.

 

The unscheduled shutdown would further tighten the already restricted PP supply in the region, traders said.

 

Oman Polypropylene officials were not available for comment.

 

The PP maker is 40% owned by Oman Oil. LG International, Gulf Investment and International Petroleum Investment each hold a 20% share in Oman Polypropylene.

 

For more information on PP please visit ICIS chemical intelligence


By: Prema Viswanathan
+65 6780 4359

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