MOSCOW (MRC) -- Sinopec Guangzhou Petrochemical, part of China's petrochemical giant - Sinopec, is expected to bring on-line its new PP unit after maintenance in the first week of November, reported CommoPlast with reference to market sources.
Based in Guangzhou, China, this unit's production capacity is 200,000 tons/year. The company also operates an old No. 1 PP line at the site with a production capacity of 140,000 tons/year.
Both units were shut down for a turnaround on 9 October 2019.
Meanwhile, its 60,000 tons/year old No. 2 PP line is still running regularly at the moment.
According to MRC's ScanPlast report, the estimated PP consumption in the Russian market was 976,790 tonnes in January-September 2019, up by 4% year on year. Shipments of PP block copolymer and homopolymer PP increased.
China Petroleum & Chemical Corporation or Sinopec Limited is a Chinese oil and gas company based in Beijing, China. Sinopec's business includes oil and gas exploration, refining, and marketing; production and sales of petrochemicals, chemical fibers, chemical fertilizers, and other chemical products; storage and pipeline transportation of crude oil and natural gas; import, export and import/export agency business of crude oil, natural gas, refined oil products, petrochemicals, and other chemicals.
MRC