China’s SRCC to start up Hebei PP plant in early August

05 August 2014 10:37 Source:ICIS News

SINGAPORE (ICIS)--China’s Shijiazhuang Refining & Chemical Co (SRCC) started up its 200,000 tonne/year polypropylene (PP) plant in Hebei province in early August, a source close to the company said.

On-spec PP has not been produced at its new PP plant yet, the source said.

Some market participants held bearish sentiment for the local PP market because a lot of new and upcoming PP plant startups from July to August, including Shaanxi Yanchang Petroleum, China National Coal Group and Shenhua Ningxia Coal Industry.

By Doreen Zhao