01 September 2011 13:49 [Source: ICIS news]
The plant, which now has an output of 150 tonnes/day, is the first phase of a 300,000 tonne/year PP project, the source added.
“We purchased import or domestic propylene cargoes as the feedstock for the PP plant and the PP products from the new plant are currently supplied to Wenzhou of Zhejiang province, east
The source said construction is expected to begin later this year on the second phase, which will have a capacity of 180,000 tonnes/year.
Hongji Petrochemical offered the powdered PP cargoes at yuan (CNY) 12,300/tonne ($1,928/tonne) ex-works on 1 September and they sold well, said the source.
The local ex-works offer for powdered PP cargoes was averaged at CNY 12,500/tonne in
Please visit the complete ICIS plants and projects databaseBy: Belle Huo
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections