Taiwan’s FPC shuts Ningbo PP plant on 1 September

03 September 2012 04:04  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Plastics Corp (FPC) has shut its 450,000 tonne/year polypropylene (PP) plant at Ningbo in China’s Zhejiang province on 1 September because of delay in transportation of feedstock propylene, a company source said on Monday.

The transportation of propylene was delayed because of Typhoon Tembin and the shutdown is expected to last for about a week, the source added.

Local distributors said the shutdown will have limited impact on the market because of its short duration.

By: Lizzie Yu

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