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Qingdao Haiwan resumes production at SM plant in China

April 28/2020

MOSCOW (MRC) -- Qingdao Haiwan Chemical, has brought on-stream its styrene monomer (SM) plant in Shandong, according to Apic-online.

A Polymerupdate source in China informed that, the company resumed operations at the plant on April 20, 2020. The plant remained under maintenance for about one month.

Located at Qingdao in Shandong province in China, the SM plant has a production capacity of 500,000 mt/year.

According to ICIS-MRC Price report, in Russia, Nizhnekamskneftekhim reduced its April selling PS prices by  Rb10,000/tonne. GPPS for injection moulding and extrusion was offered at Rb86,000-90,000/tonne CPT Moscow, including VAT, whereas HIPS - at Rb90,000-94,000/tonne CPT Moscow, including VAT.  Penoplex reduced its GPPS prices by Rb10,000/tonne. Demand for the Kirishi plant's material remained quite good. And Gazprom neftekhim Salavat reduced its indicative prices by Rb8,000/tonne, and its GPPS prices for small- and medium-sized buyers have not been settled yet.

Qingdao Haiwan Chemical Co., LTD. was founded in 1947, one member enterprise of Qingdao HIWAN GROUP LTD in Dongjiakou Industrial Park, located in NO.66, Gangfeng Road, Poli Town, Huangdao District, Qingdao city, Shandong Province. The company's main product includes 32% and 50% caustic soda, vinyl chloride (VCM), SG-8, SG-7, SG-5, SG-3 type of polyvinyl chloride (SPVC), dichloroethane (EDC), styrene etc.


mrcplast.com
Author:Margaret Volkova
Tags:PS, GPPS, styrene, HIPS, Gazprom neftekhim Salavat, Nizhnekamskneftekhim, Penoplex-Kirishy, Qingdao Haiwan Group, China, Russia.
Category:General News
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