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Ningbo Fortune to start up second PP line in Ningbo

June 09/2021

MOSCOW (MRC) -- China's Ningbo Fortune Petrochemical plans to begin test production at its second polypropylene (PP) line in Ningbo, China by mid-June, 2021, according to CommoPlast.

The production capacity of the new line will be 400,000 mt of PP per year.

In early May 2021, the company received commercial production at its first PP line in Ningbo of the same capacity.

As MRC reported earlier, the project for the construction of a new complex located in the industrial park Ningbo Daxie Development Park, Zhejiang Province, China has two stages. The construction and start-up of PP production, along with a new propane dehydrogenation (PDH) unit, are included in the first stage of the project.

According to MRC's ScanPlast, PP deliveries to the Russian market were 523,900 tonnes in January-April 2021, up by 55% year on year. Supply of homopolymer PP and PP block copolymers increased, whereas shipments of PP random copolymers decreased.

Ningbo Fortune Petrochemical is a subsidiary of Oriental Energy Co. The registered capital of the company is RMB 1 billion.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PP block copolymer, homopolymer PP, PP random copolymer, propylene, Ningbo Fortune, China, Russia.
Category:General News
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