10 May 2010 09:44 [Source: ICIS news]
SINGAPORE (ICIS news)--India's biggest petrochemical producer, Reliance Industries, has delayed the restart of its cracker complex at Nagothane, in Maharashtra state, expecting to have it up and running by 11 May, a source close to the company said on Monday.
“There are some minor issues, which have delayed the restart by a few days,” the source said, declining to elaborate further.
The complex was shut down for maintenance on 16 April.
The delay comes amid a tight supply situation in the Indian market. “Demand is also quite strong, and inventories are quite low, so buyers are in a tight spot,” said a PP converter.
Reliance’s Nagothane facility includes a 400,000 tonne/year naphtha cracker, a 120,000 tonne/year polypropylene (PP) plant, a 240,000 tonne/year high density polyethylene (HDPE)/linear low density PE (LLDPE) swing unit and a 110,000 tonne/year low density PE (LDPE) unit.
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