MOSCOW (MRC) -- China's Tianjin Bohai Chemical in northern China plans to extend maintenance period at its propane dehydrogenation (PDH) plant by 10 days due to poor processing margin, reported S&P Global with reference to a company source.
"We have decided to shut down the PDH plant for 40 days now due to high propane feedstock price," the company source said.
The company originally planned to shut its 600,000 mt/year PDH plant for 30 days maintenance starting from December 28, 2019.
Located in Tianjin, China, the PDH plant has a propylene capacity of 600,000 mt/year.
As MRC informed earlier, the company last shut this plant for an unscheduled turnaround from 1 to 11 November, 2019.
Propylene is the main feedstock for the production of polypropylene (PP).
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.
Tianjin Bohai is a state owned enterprise, with over 100 subsidiaries and 35,000 employees. It has joint venture relationships with a number of foreign partners, including: LG Chem, Solvay, Akzo Nobel, Clariant, Veolia, Air Liquide and Vopak.