China’s Luoyang Petrochemical shuts PP unit on 22 February

24 February 2014 09:31 Source:ICIS News

SINGAPORE (ICIS)--China’s Luoyang Petrochemical shut its 140,000 tonne/year polypropylene (PP) plant in Henan province on 22 February, the company source said on Monday.

The plant was shut on back of a feedstock shortage, the source said, but it did not disclose when the PP line will be restarted.

This shutdown is likely to have limited impact on PP prices due to its relatively small capacity, according market sources.

The company’s other 80,000 tonne/year PP plant is running at 100% capacity currently, the company source said.

By Angie Li