MOSCOW (MRC) -- PTT Global Chemical Public Co Ltd (PTTGC) has unexpectedly shut its low density polyethylene (LDPE) unit in the morning of 9 September due to minor plant issue, reported CommoPlast with reference to market sources.
Based in Map Ta Phut, Thailand, the LDPE plant has a production capacity of 400,000 tons/year.
A source closed to the company informed that the unit was expected to restart by 10 September, meanwhile the initial turnaround schedule of this unit on 24 September is still in plan.
As MRC wrote before, PTTGC undertook a planned shutdown at its LDPE plant for turnaround on July 7, 2019. The plant remained shut for around 3 weeks.
PTT has a total capacity of 800,000 mt/year of high density polyethylene (HDPE), 345,000 mt/year of LDPE and 800,000 mt/year of LLDPE at the same site.
According to MRC's ScanPlast report, June estimated LDPE consumption in Russia grew to 55,260 tonnes from 45,490 tonnes a month earlier. Kazanorgsintez raised its PE output after a spring shutdown for a scheduled turnaround. Russia's estimated LDPE consumption rose to 291,270 tonnes in January-June 2020, up by 5% year on year. Russian producers raised their production, and LDPE imports also increased.
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.
MRC