PetroChina subsidiary Dagang shuts 100,000 tonne/year PP plant

01 March 2011 05:33  [Source: ICIS news]

SHANGHAI (ICIS)--China’s Dagang Petrochemical, a subsidiary of PetroChina, has taken its 100,000 tonne/year polypropylene (PP) plant in Tianjin off line for about a month from the end of February because of the shortage of the feedstock propylene, a source close to the company said on Tuesday.

The plant mainly supplies PP to the local market, industry sources said.

The shutdown would have limited impact on domestic trade as the market was in oversupply after several producers expanded their capacities in 2010, the sources added.

Angie Li contributed to this article

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By: Amanda Zhang
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