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Vietnamese Nghi Son restarted PP unit following maintenance

December 09/2019

MOSCOW (MRC) -- Nghi Son Refinery and Petrochemical has restarted from the 50 days maintenance shutdown over the weekend, reported CommoPlast with reference to market sources.

The plant was taken off-stream on 22 October 2019.

Nghi Son is the largest PP producer in Vietnam with a nameplate capacity of 400,000 tons per annum. 

A source close to the company reported that the plant would be able to achieve on-spec cargoes within this week.

As MRC wrote before, NSRP shut its PP unit on 21 June, 2019, owing to technical issues. The exact duration of the shutdown could not be ascertained.

We also remind that Vietnams Nghi Son oil refinery officially began commercial production from 14 November 2018, following months of tests. The USD9 billion refinery is 35.1 percent owned by Japans Idemitsu Kosan Co, 35.1 percent by Kuwait Petroleum, 25.1 percent by PetroVietnam and 4.7 percent by Mitsui Chemicals Inc.

According to MRC's ScanPlast report, the estimated PP consumption in the Russian market in January-October 2019 totalled 1,066,520 tonnes, up by 7% year on year. Supply of block copolymers of propylene (PP block copolymer) and homopolymer of propylene (homopolymer PP) increased, demand for statistical copolymers (PP random copolymer) decreased.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PP block copolymer, homopolymer PP, PP random copolymer, Nghi Son Refinery&Petrochemicals (NSRP), Vietnam, Russia.
Category:General News
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