UPDATE: Vietnam’s Hyosung reaches on-spec PP production

Following the start-up at the newly constructed PP plant in Vietnam on 12 February 2020, it is reported that Hyosung has reached on-spec cargoes this week. The first prime grade parcels are homo-PP yarn grade F501N with a melt index of 3.7. 

“We are targeting local buyers in Vietnam first before obtaining Form D from the government to export,” a source close to the producer reported. 

This is the No. 1 PP unit that has an annual capacity of 300,000 tons/year, operating using external sources of propylene. The company is constructing the Phase II project at the same location, which houses a propane dehydrogenation (PDH) plant and No. 2 PP unit that could produce another 300,000 tons/year.