Mar 29, 2024 12:37 p.m.

Indonesia’s Polytama shuts PP plant on propylene supply disruption

Indonesia’s Polytama shuts PP plant on propylene supply disruption

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PT Polytama Propindo has reportedly taken its PP 380,000 tons/year PP plant in Balongan, Indonesia offline after a fire broke out at the Pertamina refinery at the nearby location that disrupts the propylene supply to the company.

There have been a number of reports from market players that the producer has canceled contract obligations for the current week due to the shutdown while delaying the announcement of second-quarter contract volume to the end of the week.   

“The shutdown at our PP plant is a precautionary measure to prevent any potential issue spreading from the fire at the upstream complex. We were informed that it might take roughly a week for propylene supply to resume, in the meantime, we are looking for other sources of supply,” a source close to the producer reported.    

Country

Indonesia