07 October 2012 17:19 [Source: ICIS news]
The company, which has a PP plant in Port Said with a production capacity of 350,000 tonnes/year, according to ICIS plants and projects, currently produces the homopolymer PP grade alone.
The copolymer PP will be produced by the same plant, and the company is looking into sourcing feedstock ethylene necessary for the production of the PP grade, the source said.
"We are planning to produce [copolymer] from the first or second quarter of 2013," the source said on the sidelines of the 46th annual European Petrochemical Association (EPCA) meeting.
EPPC will not produce less homopolymer PP because of the decision to produce copolymer PP, the source confirmed.
“We can make 100% [homopolymer from the plant], or [copolymer] – we will be flexible depending on market needs,” the source said.
EPPC’s PP plant could produce up to 400,000 tonnes per year, the source revealed, and run rates at its plants are expected to improve in the second half of October.
“Today, we are producing at 70% of capacity, [but] we hope to increase it to 85-90% in the second half of October,” the source said.
The market for copolymer PP in Egypt is smaller than for homopolymer PP. Homopolymer PP is highly sought-after for agricultural applications, including woven sacks for storing grain. Demand for the PP grade is also supported by Egypt’s carpet industry.
Meanwhile, copolymer demand is most likely to come from the injection moulding sector, the source said.
The annual EPCA meeting runs from 6-10 October.
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