Singapore’s TPC runs PP plants at lower rates on squeezed margins

23 March 2012 06:51  [Source: ICIS news]

SINGAPORE (ICIS)--The Polyolefin Co Singapore (TPC) has been running its polypropylene (PP) facilities on Jurong Island at reduced rates of around 90% since early March because of squeezed margins, a source close to TPC said on Friday.

The Singaporean producer was running the plants at 100% before the reduction, added the source.

TPC operates two 80,000 tonne/year PP plants, a 220,000 tonne/year PP unit and a 270,000 tonne/year PP plant on Jurong Island, according to ICIS.

TPC was not immediately available for comment.

Author: Bee Lin Chow

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