NewsFlashPETRONAS to shut Malaysia PP plant permanently - sources

05 December 2012 11:13  [Source: ICIS news]

SINGAPORE (ICIS)--PETRONAS plans to permanently shut its 80,000 tonne/year polypropylene (PP) plant in Kuantan, Malaysia because of poor economics, industry sources said Wednesday.

“The producer has informed its customers that the plant will be shut in end December,” said a local converter who buys PP from the Malaysian producer.

PETRONAS officials were not immediately available for comment.

By: Chow Bee Lin
+65 6780 4359

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