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Nghi Son refinery restarting, to be fully operational mid-December

December 09/2019

MOSCOW (MRC) -- Vietnamís USD9-billion Nghi Son refinery will restart after a shutdown late in October for major maintenance work, reported Reuters with reference to a source with direct knowledge of the matter.

Vietnamís second 200,000-barrel-per-day (bpd) oil refinery,  located 260 km (160 miles) south of Hanoi, Nghi Son started commercial operations in late 2018.

"We have basically completed the maintenance work, and we have been restarting the refinery, unit by unit," the source, who asked not to be identified, said.

"The refinery is scheduled to be fully operational by Dec. 12."

Both Nghi Son and the 130,000-bpd Dung Quat refinery, which started production in 2009, meet about 70% of Vietnamís demand for refined oil products.

As MRC reported before, NSRP shut its PP unit on 21 June, 2019, owing to technical issues. The exact duration of the shutdown could not be ascertained.

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.

We also remind that Vietnamís Nghi Son oil refinery officially began commercial production from 14 November 2018, following months of tests. The USD9 billion refinery is 35.1 percent owned by Japanís Idemitsu Kosan Co, 35.1 percent by Kuwait Petroleum, 25.1 percent by PetroVietnam and 4.7 percent by Mitsui Chemicals Inc.


mrcplast.com
Author:Margaret Volkova
Tags:PP, crude and gaz condensate, PP block copolymer, homopolymer PP, PP random copolymer, propylene, ethylene, petrochemistry, Idemitsu, Kuwait National Petroleum Co., Mitsui, Nghi Son Refinery&Petrochemicals (NSRP), PetroVietnam, Vietnam, Russia.
Category:General News
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