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Fire occurred at IRPC plant in Thailand

September 08/2020

MOSCOW (MRC) -- It is reported that a fire broke out at a hydrotreating unit belong to IRPC Public Company Limited, a PTT Plc subsidiary, in Map Ta Phut, Thailand on 3 September 2020, according to CommoPlast.

The unit screens sulfur before going to the RDCC (Residual Deep Catalyst Cracking) that produces ethylene, propylene, butadiene, and naphtha products.

At the moment, it is unclear how much the incident impacts the downstream naphtha cracker and polypropylene (PP) production, however, market participants in Thailand informed that the producer is still supplying allocation to distributors but stop accepting direct orders from converters immediately.

IRPC is currently investigating the cause of the fire and assessing the potential impact.

The company has five PP production lines in Thailand with a combined annual capacity of 775,000 tons.

Regional buyers are monitoring the development very closely now that the import homo-PP market has been firming up on the back of surging demand in the nearby China market. Any possibility of IRPC taking off-stream any of the PP production line would fuel the uptrend further.  

As MRC informed earlier, in late October, 2019, IRPC unexpectedly shut down its upstream propylene unit due to an unspecified technical issue. As a result, the company had to lower the operation rate at the downstream PP plant.

According to MRC's ScanPlast report, overall PP production in Russia increased in January-July 2020 by 24% year on year to 1,063,700 tonne. ZapSibNeftekhim accounted for the main increase in the output.

PTT Global Chemical is a leading player in the petrochemical industry and owns several petrochemical facilities with a combined capacity of 8.45 million tonnes a year.
Author:Margaret Volkova
Tags:PP, crude and gaz condensate, homopolymer PP, propylene, ethylene, petrochemistry, IRPC, PTT Chemical, Russia, Thailand.
Category:General News
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