12 December 2012 08:15 [Source: ICIS news]
SINGAPORE (ICIS)--Malaysia’s Titan Chemicals may cut operating rates at its 480,000 tonne/year polypropylene (PP) plant at Pasir Gudang, Johor State, in January because of a shortage of on-site propylene feedstock, a source close to the company said on Wednesday.
The source did not know the extent of the production cut, if it happens and he declined to say what may have caused the shortage of propylene feedstock.
The company was not immediately available for comment.
The supply of PP in Malaysia may tighten further if Titan Chemicals cut its operating rates, because Petronas, the only other PP producer in the country, had announced plans to shut its 80,000 tonne/year PP plant in end December because of poor economics.
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