China’s Guangxi Petrochemical to restart PP plant on 20 August

03 August 2011 10:01  [Source: ICIS news]

GUANGZHOU (ICIS)--China’s Guangxi Petrochemical will restart its 200,000 tonne/year polypropylene (PP) plant at Qinzhou, Guangxi province, on 20 August, a source close to the company said on Wednesday.

The PetroChina subsidiary shut its PP plant on 1 August for 20 days of maintenance, the source said.

Guangxi Petrochemical will lose 10,000 tonnes of PP in August as a result of the shutdown, he added.

There is a shortage of PP yarn in the south China market because of a series of scheduled turnarounds at local facilities, local distributors said.

However, domestic PP yarn prices in southern China have not risen as a result of Guangxi Petrochemical’s plant turnaround because the producer accounts for a relatively small share of the market, the local distributors added.

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By: Ingrid Fu



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