24 April 2013 08:35 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Wuhan Petrochemical plans to start conducting test runs at its two new polyethylene (PE) plants and polypropylene (PP) unit next month, a source close to the company said on Wednesday.
The high density polyethylene (HDPE) and linear low density polethylene (LLDPE) - with 300,000 tonne/year capacity each - will go on trial runs on 18 May, while an earlier schedule of 8 May was set for the 400,000 tonne/year PP facility, the source said.
A consequent increase in supply could weigh on polymer prices in China’s domestic market, according to distributors.
Wuhan Petrochemical is a subsidiary of China’s petrochemical major Sinopec.
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