13 September 2011 07:19 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s Formosa Plastics Corp (FPC) has shut its 170,000 tonne/year polypropylene (PP) line at Ningbo in Zhejiang as a result of a shortage of feedstock propylene, a company source said on Tuesday.
The line was shut on 9 September and it is not confirmed when the unit will be restarted, the source said.
The producer’s other 280,000 tonne/year PP line at the same site was earlier shut on 11 August, also because of a lack of propylene.
Feedstock supply has been tight after a fire broke out at a propylene pipeline at the Formosa group’s Maliao petrochemical complex in Taiwan at the end of July.
The shutdown of the Ningbo plant will not affect the China market as the producer has not been supplying much output to the market, local distributors said.
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