12 March 2009 08:28 [Source: ICIS news]
(Recasts last paragraph, clarifying acronym)
SINGAPORE (ICIS news)--Kuwait's Petrochemical Industries Co (PIC) plans to restart its polypropylene (PP) plant at Shuaiba on 20 March after a scheduled turnaround, a source close to the company said on Thursday.
The 120,000 tonne/year plant shut down early this month for maintenance.
"The FCC (fluid catalytic cracker) unit which provides propylene feedstock to PIC will also start up around the same time," the source said.
The FCC unit is located at the adjoining Shuaiba refinery, which is run by Kuwait National Petroleum Co (KNPC).
Traders said supply to the Middle East PP market turned tight following the shutdown of the PIC PP unit.
PIC is a wholly owned subsidiary of Kuwait Petroleum Corporation (KPC).
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