10 May 2012 05:31 [Source: ICIS news]
HMEL is unable to start up the PP unit by end-April as planned because of an outage at its upstream 9m tonne/year refinery, the source said.
“The refinery has been restarted in early May after an unexpected brief shutdown. The PP unit will start up on 20 May, producing homopolymer grades for commercial sales,” he said.
These include biaxially oriented PP (BOPP) film, cast film, extrusion, fibre and filaments, injection moulding, raffia, thermoforming and tubular quench (TQ) grades.
Company officials could not be immediately reached for comment.
HMEL is a joint venture between Hindustan Petroleum Corp Ltd (HPCL) and Mittal Energy Investment. Each company holds a 49% stake in HMEL, while the remaining 2% interest is held by financial institutions.
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