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Shenchi Petrochemical took off-stream No.1 propylene unit in China

December 06/2019

MOSCOW (MRC) -- Shenchi Petrochemical has undertaken an unplanned shutdown at No.1 propylene unit, according to Apic-online.

A Polymerupdate source in China informed that the company has halted operations at the unit on December 1, 2019 owing to technical issues. The unit is likely to remain shut for about 10 days.

Located at Shandong province of China, the No.1 propylene units has a production capacity of 200,000 mt/year.

As MRC informed earlier, the company conducted maintenance works at its No. 1 PDH unit in Shandong province from 30 June to 10 July, 2019.

Propylene is the main feedstock for the production of polypropylene (PP).

According to MRC's ScanPlast report, the estimated PP consumption in the Russian market in January-October 2019 totalled 1,066,520 tonnes, up by 7% year on year. Supply of block copolymers of propylene (PP block copolymer) and homopolymer of propylene (homopolymer PP) increased, demand for statistical copolymers (PP random copolymer) decreased.

Shandong Shenchi Petrochemical Co., Ltd. is based in China. The head office is in Dongying. The enterprise currently operates in the Basic Chemical Manufacturing sector. The company was established on April 06, 2011. 371 (2018) employees currently work for Shandong Shenchi Petrochemical Co., Ltd.. From the latest financial highlights, Shandong Shenchi Petrochemical Co., Ltd. reported a net sales revenue increase of 59.05% in 2018. Its total assets recorded a growth of 65.93%. In, 2018, the companys net profit margin increased by 7.68%.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PP block copolymer, homopolymer PP, PP random copolymer, propylene, Shandong Shenchi Petrochemical, China, Russia.
Category:General News
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