Philippines' JG Summit Shuts Down Petrochemical Plant

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Researched by Industrial Info Resources (Sugar Land, Texas)--The Philippines' JG Summit Olefins (Batangas City) has placed its petrochemical plant on an indefinite commercial shutdown due to economic downturns. JG Summit management projects that a possible scenario would be to restart the plant after five to 10 years, after global demand for petrochemicals catches up with supply by the end of this decade.

JG Summit operates a naphtha cracker producing ethylene and propylene, a butadiene extraction unit, an aromatics unit with downstream segment--including a polypropylene plant (PP), linear low-density polyethylene plant (LLDPE), high-density polyethylene plant (HDPE) and polyethylene plant (PE).

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