MOSCOW (MRC) -- Indonesia's PT Pertamina is in plans to take off-stream its sole polypropylene (PP) plant in Plaju, South Sumatera for a scheduled maintenance in mid-September, 2021, according to CommoPlast with reference to market sources.
The outage at the company's 47,000 mt/year of PP plant is expected to begin on 16 September and to last for about 17 days. Thus, this plant is scheduled to resume operations on 3 October, 2021.
Indonesian buyers informed that the producer will not be able to fulfill the contractual obligations during the third and fourth week of September as a result of the overhaul, which is expected to tighten local supply. Yet, buyers are in no rush to secure additional quantities from the spot market due to the persistently soft end-product businesses.
As MRC informed before, Pertamina was forced to take its PP unit in West Java off-line on 26 June, 2020, following an unspecified technical glitch at the upstream RFCC unit that cause a disruption of the propylene feeds. The PP plant was brought back on-line on 7-8 July, 2020. The RFCC unit produces 45,000 tons of propylene annually, while the PP plant has a capacity of 45,000 tons/year.
According to MRC's ScanPlast report, PP shipments to the Russian market were 727,160 tonnes in the first six months of 2021, up by 31% year on year. Supply of homopolymer PP and block-copolymers of propylene (PP block copolymers) increased. Supply of statistical copolymers of propylene (PP random copolymers) subsided.
Pertamina is an Indonesian state-owned oil and natural gas corporation based in Jakarta. It was created in August 1968 by the merger of Pertamin (established 1961) and Permina (established 1957). Pertamina is the world's largest producer and exporter of liquefied natural gas (LNG).