Market talks have it that Malaysia’s Pengerang Refining And Petrochemical (PrefChem) will restart operation at its PE and PP plants. HDPE/LLDPE swing plant and PP plant with capacity of 350,000 tons/year and 450,000 tons/year, respectively, are expected to resume production in August. Meanwhile, the restart-up schedule of a 400,000 tons/year HDPE plant and a 400,000 tons/year PP plant remains undetermined. As stated to SSESSMENTS.COM, due to an explosion at its petrochemical complex on March 15, the company is required to have approval from local authorities in order to resume operation.
RumourSSESSMENTS are the stories and information that market players heard and asked SSESSMENTS’ Team to Verify. Often, this information is correct, and sometimes incorrect, something we conclude after the full verification process. However, while waiting for the complete verification process to complete, we wish our customers to be aware of all the stories and rumours in the market. The status for all RumourSSESSMENTS will be updated upon verification process, when the regular SSESSMENTS sections will be updated with the verified information as well.
Click below to view related stories and content on PrefChem:
NewsSSESSMENTS: Malaysia’s PRefChem Completes Steam Cracker Complex Construction
AlwaysFree: PRefChem Confirms Explosion, Fire At Pengerang Complex
NewsSSESSMENTS: Petronas Draws On Existing Feedstock Supplies After Pengerang Explosion
