28 September 2009 11:09 [Source: ICIS news]
SINGAPORE (ICIS news)--India's Haldia Petrochemicals Ltd plans to shut its 520,000 tonne/year naphtha cracker and polymer plants on 19 October for maintenance and expansion over 10 weeks, a source close to the company said on Monday.
During turnaround at the complex located in the ?xml:namespace>
Haldia's polyethylene (PE) capacity will be increased to around 700,000 tonnes/year from 550,000 tonnes/year, while capacity at its polypropylene (PP) plant will be expanded to 370,000 tonnes/year from 211,000 tonne/year, the source said.
“The shutdown will cause some [supply] shortfall in the Indian market, but the effect will be mitigated by the current weak sentiment for PP and PE,” the source said.
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