GPCA ’12: NATPET, A Schulman to start PP compounding end-2014

28 November 2012 02:56  [Source: ICIS news]

DUBAI (ICIS)--National Petrochemical Industrial Co (NATPET) and A Schulman, in a joint venture, plan to start the first phase of polypropylene (PP) compounding production in end-2014, a senior executive at NATPET said on Tuesday.

During the first phase, the PP compounding production will be at 30,000-35,000 tonnes/year, Matouq Jannah, NATPET’s managing director for operations and maintenance, said on the sidelines of the 7th Gulf Petrochemicals & Chemicals Association (GPCA).

Construction of the PP compounding unit, which is located next to its PP plant in Yanbu, Saudi Arabia, began in mid-2012, the source said.

By late 2016, the second phase of expansion at the PP compounding unit will increase its production rate to slightly over 100,000 tonnes/year, the source added.

The 50:50 joint venture was first announced on 10 June this year.

The three-day 7th GPCA forum will end on 29 November.


Author: Ong Sheau Ling



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

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