Markets :: Plastics :: Polypropylene
Advanced Polypropylene Appoints Offtakers; Fires up Production Complex
11:16 AM MST | February 4, 2008 | Natasha Alperowicz
Advanced Polypropylene Co. (APPC; Al Jubail, Saudi Arabia) has appointed three companies to offtake the entire output from a world-scale polypropylene (PP) complex at Al Jubail for sale on international markets. The companies are Vinmar International (Houston), Mitsubishi Corp., and Domo (Gent-Zwijnaarde, Belgium) The SR3-billion ($800 million) complex is mechanically ready and will start production this quarter, says Ali Al-Shaier, APPC CEO. It comprises a 455,000-m.t./year propane dehydrogenation plant that uses Lummus Technology’s Catofin process, and a...
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