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MOSCOW (MRC) -- Lotte Chemical Titan
has taken its No. 2 polypropylene (PP) line in Pasir Gudang, Johor
off-stream following an issue at the upstream cracker that disrupts the
propylene supply, reported CommoPlast with
reference to a source close to the producer.
Thus, the No. 2
PP unit, which has an annual output of 274,000 tons/year, was shut on 14
January, 2021, and is expected to remain off-line for four weeks.
A source
informed that the fluidized naphtha cracker (No. 2 naphtha cracker) was
facing technical difficulties and was operating at a lower rate before it
was shut later last week. The cracker produces 522,000 tons/year of ethylene and
360,000 tons/year of propylene.
According to MRC's DataScope report,
PP imports into Russia increased by 21% year on year to about 202,000 tonnes in
the first eleven months of 2020. Propylene homopolymer (homopolymer PP)
accounted for the main increase in imports.
Lotte Chemical Titan produces
Malaysia's most comprehensive portfolio of olefins and polyolefins which
contribute to the enhancement of everyday life. Lotte Chemical Titan's
production site in Malaysia consists of eleven process facilities, two
co-generation plants and three tank farms. They are located on 2 sites in Pasir
Gudang and Tanjung Langsat in the state of Johor. In 2006, Lotte Chemical Titan
acquired PT Lotte Chemical Titan Nusantara, Indonesia’s first and largest
polyethylene plant in the country. This acquisition boosted the polyolefins
capacity by approximately 50%, thus making the company one of the largest
producers in South East Asia. Lotte Chemical Titan was acquired by Lotte
Chemical Corp., forming part of the Lotte conglomerate of Korea, in 2010. The
company thus became one of Lotte Chemical Corp.’s largest overseas
subsidiaries. |
