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Zhejiang Petrochemical to produce on-spec PP and PE this week

January 17/2020

MOSCOW (MRC) -- Zhejiang Petrochemical Co Ltd (ZPC) expects its No. 1 polypropylene (PP) plant and linear low density polyetylene (LLDPE) plant to achieve on-spec cargoes within this week, reported CommoPlast with reference to market sources.

Based in Zhejiang, China, the petrochemical complex consists of 450,000 tosn/year of high density polyethylene (HDPE), 400,000 tons/year of LLDPE and two PP plants with combined production capacity of 900,000 tons/year.

As MRC wrote before, the company has successfully started up its HDPE plant since last week.

Besides, earlier, on 30 December 2019, Zhejiang Petrochemical Co Ltd started up its ethylene cracker. Based in Zhejiang, China, the cracker is able to produce 1.4 million tons/year of ethylene.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,904,410 tonnes in the first eleven months of 2019, up by 6% year on year. Shipments of all PE grades increased. PE shipments increased from both domestic producers and foreign suppliers. The PP consumption in the Russian market was 1,161,830 tonnes in January-November 2019, up by 7% year on year. Deliveries of all grades of propylene polymers increased, with the homopolymer PP segment accounting for the largest increase.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, LLDPE, homopolymer PP, propylene, HDPE, ethylene, Zhejiang Petrochemical, China, Russia.
Category:General News
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