24 June 2011 10:53 [Source: ICIS news]
SINGAPORE (ICIS)--State-owned Indian Oil has restarted its polyethylene (PE) and polypropylene (PP) facilities at Panipat on 24 June after a week-long shutdown because of mounting inventories, a company source said on Friday.
The nameplate capacity of the PP unit is 600,000 tonnes/year, while the high density PE (HDPE)/linear low density PE (LLDPE) swing plant can produce 650,000 tonnes/year, the source said.
Indian Oil shut its upstream 857,000 tonne/year naphtha cracker for one week after restarting it on 6 June following a two-day shutdown.
“The polymer units will ramp up to no higher than 70% because of the poor market conditions,” the source said.
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