GS Caltex, a company operating in South Korea, plans to undertake a maintenance shutdown of its polypropylene plant (PP) in March 2012.
A GS Caltex official told fibre2fashion that the PP plant located in Yeosu with a capacity of 180,000 tons per annum will go off-stream in March 2012 for a period of 30 days.
The offer price of PP of GS Caltex CFR FE (CMP) is US $1,360 / ton and this week they will not undertake sales, to prepare for the maintenance of the PP plant in March.