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Typhoon Megi may disrupt petchem shipments from Hainan, China

October 19/2010

(ICIS) -- Petrochemical players in Hainan, China are bracing for the onslaught of super typhoon Megi, which might halt shipping activities in the island province for a few days, industry sources said on Monday.


The typhoon was coursing through the northern part of the Philippines on Monday and was expected to head towards southern China on Tuesday, according to the National Meteorological Center (NMC) of China.


We are requiring companies to take some measures to cope with the impending typhoon, but I think the impact on the production will be limited, said an official from Hainan Yangpu Economic Development Zone.

Hainan Refining and Chemical Co (HRCC), which operates an 8m tonne/year refinery in the island at the southern tip of China, was taking some precautionary measures for the typhoon but has no plans to cut production, said a company source.

HRCC, a subsidiary of Chinas state-owned petrochemical giant Sinopec, also operates a 200,000 tonne/year polypropylene plant and other chemicals plants on the island.

China BlueChemical, which has a 600,000 tonne/year methanol plant in Hainan, was not expecting any operational disruption to production, said a company source, but added the heavy rains from the typhoon may pose logistical problems in shipping out products, said a company source.

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