Mar 29, 2024 6:07 p.m.

A fire occurred at Thailand’s IRPC plant; impact unclear

A fire occurred at Thailand’s IRPC plant; impact unclear

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It is reported that a fire broke out at a hydrotreating unit belong to IRPC Public Company Limited in Map Ta Phut, Thailand on 3 September 2020. The unit screens sulfur before going to the RDCC (Residual Deep Catalyst Cracking) that produces ethylene, propylene, butadiene, and naphtha products.

At the moment, it is unclear how much the incident impacts the downstream naphtha cracker and PP production, however, market participants in Thailand informed that the producer is still supplying allocation to distributors but stop accepting direct orders from converters immediately. 

IRPC is currently investigating the cause of the fire and assessing the potential impact. 

The company has five PP production lines in Thailand with a combined annual capacity of 775,000 tons.

Regional buyers are monitoring the development very closely now that the import homo-PP market has been firming up on the back of surging demand in the nearby China market. Any possibility of IRPC taking off-stream any of the PP production line would fuel the uptrend further.   

Country

Thailand