23 October 2012 14:35 [Source: ICIS news]
The PP plant at Port Said in Egypt was shut down towards the end of September because of technical difficulties.
The company then decided to use the shutdown to ramp up its PP plant run rates from 70% to 85-90%.
However, any actual improvement in run rates, along with the company's November PP price offers, can only be confirmed after the Eid al-Adha holiday in Egypt ends on 29 October, the source said.
EPPC’s PP plant in Port Said has a capacity of 350,000 tonnes/year, according to ICIS data.
However, the source said the plant could produce up to 400,000 tonnes/year.
EPPC is one of the two PP producers in Egypt, the second being Oriental Petrochemicals Co (OPC).
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections