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Fire at China petchem plant in Zhuhai put out, no casualties reported

January 16/2020

MOSCOW (MRC) -- Firefighters put out a fire at Chinas Zhuhai Changlian Petrochemical Co Ltd in southern Chinas Zhuhai city, an independent producer that has recently won government quotas to import naphtha, reported Hydrocarbonprocessing.

A fire broke out at 1:40 pm local time (0540 GMT) at the companys hydrogenation unit. Video broadcast by state television showed flames and dense smoke rising from the plant.

No casualties were reported, local government said on its microblog, without saying if any of the production facilities have been shut.

The company declined to comment when contacted by Reuters.

Zhuhai Changlian, a subsidiary of Guangdong-based private firm Shenzhen Esson New Energy Group, is one of the four independent petrochemical firms granted quotas to import naphtha for 2020, a feedstock to make petrochemicals.

Zhuhai Changlian Petrochemical operates a plant at this sitme, 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%.
Author:Margaret Volkova
Tags:PS, benzene, ksilol, crude and gaz condensate, styrene, petrochemistry, Zhuhai Changlian Petrochemical, China, Russia.
Category:General News
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