Indian Oil restarts Panipat PE, PP units after brief shutdown

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.

The company ran its polymer units at 70% rates amid poor market conditions before the shutdown.

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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By: Ong Sheau Ling
+65 6780 4359



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