20 February 2013 06:50 [Source: ICIS news]
SINGAPORE (ICIS)--Hong Kong Petrochemical is running its 140,000 tonne/year polystyrene (PS) plant at the New Territories, Hong Kong, at full tilt after restarting it on 8 February, a source close to the company said on Wednesday.
The facility was restarted on 8 February after a turnaround that began in early February.
The plant produces both general purpose PS (GPPS) and high impact PS (HIPS) resins.
Demand in China and Hong Kong is expected to gradually improve heading into March as end-users will likely replenish inventories ahead of the higher-production season in the second quarter.
PS is a plastic resin used in packaging and the manufacturing of toys, utensils, consumable items and consumer electronics.
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