MOSCOW (MRC) -- PT Polytama Propindo is ramping up operating rates at its polypropylene (PP) plant in Balongan, Indonesia and might be able to achieve normal operations by the end of this week, reported CommoPlast with reference to market sources.
They said that the company is now in middle of this process at this facility that can produce 380,000 tons/year of PP.
As MRC informed earlier, on 29 March, 2021, PT Polytama Propindo took its PP plant in Balongan offline after a fire broke out at the Pertamina's refinery at the nearby location that disrupt the propylene supply to the company.
PT Polytama Propindo has reportedly restarted its PP plant in Balongan over the weekend after three weeks of shutdown. Pertamina has successfully resumed the propylene supply last Thursday, 15 April 2021, allowing Polytama to restart the operation at its PP plant.
We remind that in 2017, the company conducted maintenance at this plant from end-January to mid-February.
According to MRC's ScanPlast report, PP shipments to the Russian market was 246,870 tonnes in January-February 2021, up by 30% year on year. Supply of homopolymer PP and PP block copolymers increased.
PT Polytama Propindo was established in 1993 as a signifcant manufacturer of polypropylene resin (PP resin) in Indonesia. Polytama is taking a leading role in Indonesia's fast growing economy by utilizing the country wealth i.e. the secondary processing yield of oil and natural gas , through industrial manufacturing. The factory located in Balongan, Juntinyuat district, Indramayu-West Java, using one of the best technology in the world, the Spheripol technology of Montell (now LyondellBasell), with an installed capacity of 100,000 metric tons per year.
Two years later the construction of the factory was completed on July 27, 1995 and PT Polytama Propindo started the production (the product trade name: Masplene), the supply of raw material propylene with high purity from PERTAMINA refinery UP-VI (now RU-VI ) Balongan. In 1996, and the plant capacity grown to 180,000 tons per year. Response to the addition of propylene production capacity of PERTAMINA RU-VI in 2004, PT Polytama Propindo increased its capacity to 200,000 tons per year.
MRC