Idemitsu Kosan refinery in Tkyo Bay to remain shut until late March

MOSCOW (MRC) -- Idemitsu Kosan expects its Keihin refinery in Tokyo Bay to remain shut at least until the end of March, having been shut since late December 2019 due to a fire, a company spokesman told S&P Global.

The fire started on December 24, 2019, near the 27,000 b/d coker at the refinery, which is operated by Toa Oil, part of the Idemitsu Kosan group. The coker and other related units were immediately shut and subsequently all other units, including the sole crude distillation unit, were closed over December 25-27, 2019.

As MRC wrote previously, Idemitsu Kosan shut its naphtha cracker for a maintenance turnaround in Chiba from 9 April 2019 to end-May 2019.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,093,260 tonnes in 2019, up by 6% year on year. Shipments of all PE grades increased. PE shipments rose from both domestic producers and foreign suppliers. The estimated PP consumption in the Russian market was 1,260,400 tonnes in January-December 2019, up by 4% year on year. Supply of almost all grades of propylene polymers increased, except for statistical copolymers of propylene (PP random copolymers).

Idemitsu Kosan is a Japanese petroleum company. It owns and operates oil platforms, refineries and produces and sells petroleum, oils and petrochemical products. The company runs two petrochemical plants in Chiba and Tokuyama. The two naphtha crackers can produce up to 997,000 tonnes of ethylene per year.
MRC

MOSCOW (MRC) -- China's Sinopec Anqing refinery in central Anhui province plans to shut three units in February and cut its run rate to 55% from a planned 94% due to manpower shortage and reduced demand after thee coronavirus outbreak, reported S&P Global with reference to a refinery source's statement.

"The current throughput for February is 350,000 mt in February, falls from original planned 600,000 mt," the source said.

The refinery has idled a 4 million mt/year crude distillation unit and a 1.4 million mt/year fluid catalytic cracking unit, the source said, adding it was also planning to shut a 1 million mt/year delayed coker in mid-February.

Anqing refinery has two CDUs and three FCCs. While the above units are shut, it's now operating a 5 million mt/year CDU and two FCC with a total processing capacity of 2.7 million mt/year, according to the source.

We remind that, as MRC wrote previously, Sinopec Guangzhou Petrochemical, part of China's petrochemical giant - Sinopec, resumed operations at its cracker in China on December 5, 2019, following a turnaround. The cracker was shut for maintenance on October 12, 2019. Located in the Guangzhou province of China, the cracker has an ethylene production capacity of 260,000 mt/year and propylene production capacity of 150,000 mt/year.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,093,260 tonnes in 2019, up by 6% year on year. Shipments of all PE grades increased. PE shipments rose from both domestic producers and foreign suppliers. The estimated PP consumption in the Russian market was 1,260,400 tonnes in January-December 2019, up by 4% year on year. Supply of almost all grades of propylene polymers increased, except for statistical copolymers of propylene (PP random copolymers).
MRC

MOSCOW (MRC) -- Shaoxing Sanyuan Petrochemical, has reduced run rates at its No. 1 propane dehydrogenation (PDH) unit, according to Apic-online.

A Polymerupdate source in China informed that, the company is currently operating the unit at around 70-75% of production capacity levels.

Located in Zhejiang, China, the No.1 PDH unit has a propylene production capacity of 450,000 mt/year.

As MRC wrote before, Shaoxing Sanyuan Petrochemical took off-stream its PDH unit in late January 2015, owing to technical issues. A restart schedule for the unit could not be determined. Located in Zhejiang province, China, the unit has a propylene capacity of 450,000 mt/year.

We also remind that Chinese PDH plants' average operating rate was estimated at around 76% over February 1-5, 2020, up from an average of 68% in January, 2020.

Propylene is the main feedstock for the production of polypropylene (PP).

According to MRC's ScanPlast report, The estimated PP consumption in the Russian market was 1,260,400 tonnes in January-December 2019, up by 4% year on year. Supply of almost all grades of propylene polymers increased, except for statistical copolymers of propylene (PP random copolymers).
MRC

MOSCOW (MRC) -- Vietnam's Nghi Son Refinery and Petrochemical (NSRP) is offering a gasoil cargo for export for the first time, reported Reuters with reference to a source with the refinery.

"We are exporting because domestic sales have been slow recently," the source said, declining to be identified because he was not authorised to speak with media.

The delivery schedule for the export cargo of 40,000 kilolitres, about 251,000 barrels, of gasoil with a sulphur content of 50 parts per million is from Feb. 22-25, according to two trade sources.

The tender closes at noon (0500 GMT) on Feb. 17, according to the tender document reviewed by Reuters.

The 200,000-barrels-per-day Nghi Son refinery, which began commercial production in late 2018, offered a fuel oil cargo last month.

NSRP produced 4.6 million tonnes of petroleum fuel in 2019, its first year of commercial operation, reducing Vietnam's reliance on foreign petroleum imports.

The USD9 billion refinery, located 260 km (163 miles) south of Hanoi, is 35.1% owned by Japan's Idemitsu Kosan Co, 35.1% by Kuwait Petroleum, 25.1% by PetroVietnam and 4.7% by Mitsui Chemicals Inc.

As MRC informed earlier, NSRP undertook a planned shutdown at its Polypropylene (PP) unit in Vietnam on October 22, 2019. The unit remained shut till end-November, 2019. Located at Nghi son, Vietnam, the PP unit has a production capacity of 400,000 mt/year.

According to MRC's ScanPlast report, the estimated PP consumption in the Russian market was 1,260,400 tonnes in January-December 2019, up by 4% year on year. Supply of almost all grades of propylene polymers increased, except for statistical copolymers of propylene (PP random copolymers).
MRC

MOSCOW (MRC) -- Brazilian imports of polyvinyl chloride (PVC) products were up 22.3% in January compared to a year earlier, at 37,661 mt, reported S&P Global with reference to Ministry of Development and Foreign Trade's data showed Wednesday.

The imports were valued at USD34.37 million FOB. In January 2019, the 30,803 mt imported were valued at USD28.01 million FOB.

During the month, Colombia was the lead exporter to Brazil, with 26,361 mt, followed by Taiwan, with 2,541 mt, and Germany, with 1,753 mt.

Imports of PVC obtained in suspension and in its primary forms rose 22.1%, to 33,761 mt, valued at USD29.74 million FOB.

The lead exporter to Brazil during January was Colombia, with 24,970 mt, followed by Taiwan, with 2,541 mt, and the US, with 1,738 mt.

Imports of PVC obtained in emulsion and in its primary forms rose 24.5%, to 3,776 mt, valued at USD4.45 million FOB.

The lead exporter to Brazil during January was Colombia, with 1,391 mt, followed by Germany, with 1,210 mt, and Sweden, with 674 mt.

Imports of other PVC in its primary forms rose 14.2%, to 123 mt, valued at USD180,865 FOB.

The lead exporter to Brazil during January was Hong Kong, with 550 mt, followed by China, with 259 mt, and Germany, with 235 mt.

According to MRC's ScanPlast report, January prices of Russian emulsions and suspensions for domestic consumers remained at the level of December. Russia's estimated consumption of unmixed PVC was about 972,920 tonnes in January-December 2019, up by 4% year on year. The Russian emulsion and suspension PVC markets showed an increase in supplies. Last month's estimated consumption of SPVC (excluding exports to Belarus) decreased to 64,430 tonnes from 67,430 tonnes in November.
MRC