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Indian and Chinese companies set to raise polypropylene supply in the Asian market

May 10/2012

(chemmonitor) -- Polypropylene (PP) market in Asia will witness a rise in supply in a couple of months. In the Indian and Chinese markets, the inventories of PP are likely to increase by about 2 million tons annually in line with new units startups.

The Chinese PP market is predicted to boost the output of the product by around 900,000 tons per year by late Q2 2012.

The China-based power producer Datang International Power Generation Company will implement tests at its new methanol-to-olefins unit with the annual output of 461,000 tons.
Author:Anna Larionova
Category:General News
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