MOSCOW (MRC) -- Hyosung Vina Chemicals Co Ltd restarted its No. 2 polypropylene (PP) line in Southern Vietnam last week, according to CommoPlast with reference to market sources.
This PP line with an annual capacity of 300,000 mtt year was taken offline in mid-December 2021 due to propylene supply disruption.
The No. 2 line was able to resume production after the upstream propane dehydrogenation (PDH) unit restarted on 7 January, 2022. The PDH plant has a production capacity of 600,000 tons/year.
The company already operates No. 1 PP plant in Southern Vietnam with the same production capacity, using external sources of propylene. This plant is reportedly operating at normal rates at the moment. It was shut down on 9 July, 2021, due to an unspecified technical issue and came back on line in July, 2021.
As MRC wrote previoulsy, Hyosung Vina Chemicals Co Ltd started up its new No. 2 PP plant in Southern Vietnam in August 2021. Besides, a new PDH unit was also scheduled for a start-up at the same site that month.
According to MRC's ScanPlast report, PP shipments to the Russian market were 1,363,850 tonnes in January-November, 2021, up by 25% year on year. Supply of homopolymer PP and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding PP random copolymers decreased significantly.
Hyosung Corporation is a Korean industrial conglomerate, founded in 1957. It operates in various fields, including the chemical industry, industrial machinery, IT, trade, and construction.
MRC