27 March 2012 07:33 [Source: ICIS news]
The volume of the reduction – if exports are cut – has not been confirmed, added the source.
The company exports around three to four propylene spot cargoes each month on a term basis, and the cargo size – according to industry and company standards - is around 1,500 tonnes.
The source said it remained unclear when the cracker will resume operations. Market sources said earlier that a gas leakage at the cracker would likely prolong the shutdown, but the company source declined comment on the matter.
The source added that the company does not need to buy propylene feedstock despite the cracker outage as its derivative joint-venture polypropylene (PP) plant in
A company source at Sun Allomer – a joint venture by Showa Denko, LyondellBasell and JX Nippon Oil & Energy – said the 226,000 tonne/year PP plant was shut on 20 March for scheduled maintenance and is expected to be restarted on 20 April.
Additional reporting by Chow Bee Lin
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