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PetroChina took off-stream petrochemical plant in Guangxi province due to coronavirus outbreak

February 18/2020

MOSCOW (MRC) -- State-owned PetroChina shut its Guangxi Petrochemical in southern Guangxi province on February 9 for scheduled 50-day maintenance, a refinery source told S&P Global .

The maintenance should help the refinery to offset stock pressure after product demand slumped due to the coronavirus outbreak.

As MRC reported previously, PetroChina's subsidiary refinery, Dalian Petrochemical Corp, plans to have a major turnaround in April-May of 2020, four industry sources told Reuters in early January 2020. The maintenance is scheduled to start from late March or early April and will last for around one and a half months, the sources said.

The 410,000 barrels-per-day (bpd) plant in the northeast Chinese port city of Dalian, PetroChina's biggest refinery, is linked to Russia's East Siberia Pacific Ocean (ESPO) pipeline and is China's largest processor of the pipeline ESPO blend crude.

We also remind that  Sichuan Petrochemical (part of PetroChina) undertook an emergency shutdown at its naphtha cracker in Sichuan province of China on July 11, 2018 owing to a gas leak at its natural gas supply pipeline. Further details on duration of the outage could not be ascertained. Located at Sichuan province of China, the cracker has an ethylene capacity of 800,000 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).

PetroChina Company Limited, is a Chinese oil and gas company and is the listed arm of state-owned China National Petroleum Corporation, headquartered in Dongcheng District, Beijing. It is China's biggest oil producer.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, crude and gaz condensate, PP random copolymer, propylene, ethylene, petrochemistry, PetroChina, China, Russia.
Category:General News
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