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Powerful explosion cccurs at chemical plant in Zhuhai

January 14/2020

MOSCOW (MRC) -- A massive explosion took place on Tuesday at a chemical plant in the city of Zhuhai in China's southern Guangdong province, said UrduPoint with reference to local media reports.

The Guangdong Radio and Television, a local broadcasting company, posted on its verified Weibo account a video showing a huge fire and black smoke rising from the plant.

The China Central Television (CCTV) also reported the explosion at the Zhuhai plant, citing videos posted by local residents on social media.

According to the CCTV, the fire was still not put out by 3 p.m. local time (07:00 GMT).

Thus, the blaze erupted at Zhuhai Changlian Petrochemical's plant, which can produce 40,000 tonnes/year of benzene; 280,000 tonnes/year of mixed xylene; and 150,000 tonnes/year of toluene at the site.

Benzene is the main feedstock for the production of styrene monomer (SM), which, in its turn, is used in the production of polystyrene (PS).

According to MRC's ScanPlast report, Russia's estimated consumption of PS and styrene plastics totalled 458,770 tonnes in the first eleven months of 2019, which corresponds to the level of 2018. November estimated consumption of PS and styrene plastics rose by 2% year on year, totalling 49,210 tonnes. PS production remained in January-November 2019 the same as a year earlier. Russian producers manufactured 471,390 tonnes of material in the first eleven months of 2019.

Zhuhai Changlian Petrochemical Equipment Co., Ltd. is an enterprise in China, with the main office in Zhuhai. It operates in the Basic Chemical Manufacturing sector. The company was established on August 20, 2003. There are currently 240 (2018) people employed by Zhuhai Changlian Petrochemical Equipment Co., Ltd.. In its most recent financial highlights, the company reported a net sales revenue increase of 15.41% in 2018. There was a total negative growth of 1.57% in Zhuhai Changlian Petrochemical Equipment Co., Ltd.s total assets over the same period. In, 2018, the companys net profit margin decreased by 0.67%.


mrcplast.com
Author:Margaret Volkova
Tags:PS, benzene, ksilol, styrene, Zhuhai Changlian Petrochemical, China, Russia.
Category:General News
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