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On July 16, 2025, a company source told Platts (part of S&P Global Commodity Insights) that CNOOC Daxie will launch its new 900,000 tons per year polypropylene (PP) unit in Ningbo, China, at the end of July. On July 16, 2025, a company source told Platts (part of S&P Global Commodity Insights) that CNOOC Daxie will launch its new 900,000 tons per year polypropylene (PP) unit in Ningbo, China, at the end of July. The company will launch a 450,000-ton/year production line by the end of July, followed by another 450,000-ton/year production line in August, the source said. The company also owns a 300,000-ton-per-year PP unit at the same location.
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