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.

For more on polyethylene, polypropylene and naphtha, visit ICIS chemical intelligence
Please visit the complete ICIS plants and projects database

By: Ong Sheau Ling
+65 6780 4359

AddThis Social Bookmark Button

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.

Printer Friendly

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