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.
To discuss issues facing the chemical industry go to ICIS connect
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