MOSCOW (MRC) -- Shanghai Secco will shut its polypropylene (PP) plant for maintenance turnaround, according to Apic-online.
A Polymerupdate source in China informed that the plant will be shut on March 10, 2015. It is likely to remain off-stream for around two months.
Located at Shanghai in China, the plant has a production capacity of 300,000 mt/year.
As MRC informed previously, Union Minister of State for Petroleum and Natural Gas, Mr. Dharmendra Pradhan, laid the foundation of USD509.58 million (Rs.3150 Crore) polypropylene plant at IndianOil’s Paradip Refinery project complex, Paradip on 16 November 2015.
IndianOil, Director, Refineries, Mr. Sanjiv Singh, welcomed the dignitaries and spoke about IndianOil’s foray in Petrochemicals. The laying of the foundation stone of the 700,000 tpa PP Unit marks the first step in the direction of integration and progress. The PP consumption in India has seen a steady rise in the last decade and the trend is likely to continue with the increased use of plastics in automotive, processing and packaging industries.
Referring to the future plans in this direction, IndianOil is also evaluating the feasibility of setting up of ethylene derivative plant at an estimated cost of nearly USD647.09 million (Rs.4000 crore). This will indeed act as a catalyst in the socio-economic development of the country and the state in particular. This plant will provide products that will facilitate manufacturing of Polyester Chips, Fibers, PET bottles, PET Chips, Polyester yarn etc.
MRC