Oman Polypropylene plans to restart Sohar plant

05 June 2008 13:32  [Source: ICIS news]

SINGAPORE (ICIS news)--Oman Polypropylene (PP) is expected to restart its Sohar plant early next week, after a nine-week outage, a source close to the company said on Thursday.

 

The 340,000 tonne/year plant, which shut down 31 March due to a disruption in supply of propylene feedstock, was unable to restart in early May, as expected, due to a delay in the restart of its propylene supplier, the source said.

 

“Propylene supply from the plant’s propylene feedstock supplier, Sohar Refinery, will only be available next week, although the refinery restarted this week,” the source said.

 

Oman PP was expected to offer a few cargoes for June shipment after its restart, the source added.

 

The prolonged outage tightened the already restricted PP supply in the Middle East, traders said.

 

Oman PP 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 PP.

 

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By: Prema Viswanathan
+65 6780 4359

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