Formosa Plastics had obtained governmental approval to receive propylene feedstock at its Ningbo port terminal, with the first refrigerated propylene cargo and eventually to start feeding feedstock propylene into Farmosa Plastics's new 450,000 tonne/year polypropylene (PP) plant in Ningbo.
The start-up has had many hiccups due to governmental regulations and construction problems and the successful start-up of Formosa’s Ningbo PP plant would tighten the critical propylene supply in the market.
The start-up has had many hiccups due to governmental regulations and construction problems and the successful start-up of Formosa’s Ningbo PP plant would tighten the critical propylene supply in the market.
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