MOSCOW (MRC) -- Sinopec Zhenhai is in plans to shut a high density polyethylene (HDPE)/linear low density polyethylene (LLDPE) swing plant for maintenance turnaround, reported Apic-online.
A Polymerupdate source in China informed that the plant is likely to be shut in April 2015. It is expected to remain off-stream for around two months.
Located at Ningbo in China, the plant has a production capacity of 450,000 mt/year.
As MRC informed previously, Top Asian refiner China Petroleum & Chemical Corp. (Sinopec) has recently denied reported plans of a merger with China National Petroleum Corporation (CNPC) or China National Offshore Oil Corporation (CNOOC). It was reported earlier that the Chinese government was considering a merger of its state-owned oil and gas companies to cut costs and streamline operations.
China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group established in July 1998 on the basis of the former China Petrochemical Corporation. Sinopec Group's key business activities include the exploration and production of oil and natural gas, petrochemicals and other chemical products, oil refining.
MRC