Supplies of polypropylene (PP) in Europe is limited due to a number of repairs and force majeure manufacturers, ICIS reported, citing market sources.
Thus, the company Ineos Group, a major international producer of petrochemical products, still not lifted a force majeure on deliveries of polypropylene (PP) with a plant in Lillo (Lillo, Belgium). Force majeure was declared on August 24. Companies unable to restart its plant capacity of 130 ths. Tons of PP per year after the completion of scheduled maintenance.
ExxonMobil also declared force majeure on PP production at its plant lillebonne (Lillebonne, France) with a capacity of 270 thousand. PP per year in mid-July. The company said in a letter to its customers that will be able to remove the force majeure no earlier than the end of December.
MOL Petrochemicals Company (formerly known as TVK, part of the structure of MOL), the only Hungarian producer of olefins and polyolefins, closed for scheduled maintenance PP production capacity of 280 thousand. Tons a year from August at a petrochemical complex in Tiszaújváros (Tiszaujvaros, Hungary). Repairs will last until October.
According to market sources, the company Basell Orlen also closed PP production capacity of 400 th. Tons per year in Plock, Poland on a four-week repair, but the company has not confirmed this information.
According to the price review ICIS-MRC, in Russia in September, it is expected to decrease in production volumes of PP-homo. Rises on prevention Poliom also reduce the release of this type of PP Ufaorgsintez in favor of propylene copolymers. But these factors do not affect the market balance. During the month, it is expected to supply large volumes of PP-homo raffia from Turkmenistan (two lots of 2500 tonnes and 3000 tonnes respectively).