Supply issues dissolve in Southeast Asia’s PP markets
operations following scheduled turnarounds in October-November.
Thailand’s IRPC Public Company Limited has resumed production at its 200,000 tons/year PP line as planned, a company source reported to ChemOrbis. “We are currently running our plant smoothly with no issues for other polymers either,” he added. The No. 3 line was down since mid-November for a planned maintenance. A manufacturer in Thailand also confirmed improved supplies from the producer this month.
According to players in the region, Thailand’s HMC restarted its 750,000 tons/year plant following a turnaround that was gradually implemented in production lines since early November. A manufacturer in the country stated, “We see normal availability from HMC this month.” Another buyer noted that supply from SCG was tight last month while it has improved in December.
A trader in Thailand commented, “PP supplies eased across SEA as Thai producers have resumed production. However, supply from a couple of companies is only gradually improving which forces them to put their customers on allocation for the time being.”
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Indonesia’s Pertamina has delayed the restart of its 45,000 tons/year PP plant by one week either due to a change in schedule or awaited equipments. The company is set to resume operations by next week, an agent of the producer confirmed to ChemOrbis. The plant was shut in November for 45 days. Meanwhile, another Indonesian company, Chandra Asri restarted its 480,000 tons/year plant consisting of 3 PP lines this month following a 3-week maintenance.
In the Philippines, PPI (Philippine Polypropylene Inc) already restarted its 160,000 tons/year PP plant following a scheduled turnaround that started back in October. Additionally, Malaysia’s Lotte Chemical Titan postponed the shutdown at its Pasir Gudang PP plant to March 2017. The 390,000 tons/year plant was initially slated to be brought down in January.
In the meantime, India’s Reliance Industries Limited was expected to resume production at its 2.03 million tons/year PP plant in Jamnagar these days, although the company could not be reached for a confirmation about the latest status of the plant at the time of press. The plant was shut for maintenance for 25 days.
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