Singapore's TPC shut PP lines on feedstock disruption

According to market sources, The Polyolefin Company (TPC) has taken two out of its five PP lines in Jurong Island off-stream earlier this week owing to feedstock supply disruption after PCS forced to shutdown cracker on technical issues.

The two lines produce mainly homo-PP grade with combined capacity of approximate 160,000 tons/year. The other three units remain unaffected by the situation.

There is no confirmed restart date at the time this report is published and sources close to the company has indicated moderate to large hike on their May delivery offers amid lacking availability.