PetroVietnam studies expansion at Quang Ngai PP plant

30 November 2010 09:35  [Source: ICIS news]

HO CHI MINH (ICIS)--State-owned PetroVietnam is conducting a feasibility study on expanding the capacity of its 150,000 tonne/year polypropylene (PP) plant in Quang Ngai province, to meet the growing domestic demand for the polymer, a company source said on Wednesday.

"The study is expected to be completed by March 2011," the source said. 

The PP plant located at Dung Quat industrial park began commercial production in late August this year. Its capacity may be increased by around 35% if the study recommended an expansion, the source said.

Meanwhile, the study would also cover a possible capacity increase at PetroVietnam’s refinery and fluid catalytic cracking (FCC) unit at the site, he said.

The FCC unit currently produces around 150,000 tonnes/year of propylene, which is supplied to the PP plant, the source said.

Demand for PP in Vietnam was forecast to grow at 15% per year in the next five years, the source said.

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By: Prema Viswanathan
+65 6780 4359

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