28 June 2013 05:05 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Sichuan Petrochemical plans to start up its two 300,000 tonne/year polyethylene (PE) plants and a 450,000 tonne/year polypropylene (PP) plant in August, a source from its parent firm PetroChina said on Friday.
No reason was provided for the new delay in bringing the plants on stream.
Test runs at the plant have started in mid-June, the source said.
A consequent increase in supply in August could weigh on polymer prices in China’s domestic market, according to distributors.
Sichuan Petrochemical is a subsidiary of Chinese petrochemical major PetroChina.
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