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Petrochina Daqing resumes LLDPE production

June 17/2020

MOSCOW (MRC) -- Daqing Petrochemical, part of PetroChina, has brought on-stream its No. 1 linear low density polyethylene (LLDPE) unit this week, as per Apic-online.

A Polymerupdate source in China informed that, the company has planned to resume operations at the unit on June 15, 2020. The unit was shut for unplanned maintenance on June 8, 2020.

Located in Daqing, China, the No. 1 LLDPE unit has a production capacity of 85,000 mt/year.

As MRC reported earlier, PetroChina has nearly doubled the amount of Russian crude being processed at its refinery in Dalian, the companys biggest, since January 2018, as a new supply agreement had come into effect. The Dalian Petrochemical Corp, located in the northeast port city of Dalian, is expected to process 13 million tonnes, or 260,000 bpd of Russian pipeline crude this year, up by about 85 to 90 percent from last years level. Dalian has the capacity to process about 410,000 bpd of crude. The increase follows an agreement worked out between the Russian and Chinese governments under which Russias top oil producer Rosneft will supply 30 million tonnes of ESPO Blend crude to PetroChina in 2018, or about 600,000 bpd. That would represent an increase of 50 percent over 2017 volumes. The additional oil sent to Dalian is about 120,000 bpd and will make up the bulk of the Russian increases.

According to MRC's ScanPlast report, April LLDPE shipments to Russia rose to 42,830 tonnes from 36,790 tonnes a month earlier, production increased. Russia's overall LLDPE shipments totalled 152,840 tonnes in the first four months of 2020, up by 13% year on year. SabSibNeftekhim accounted for the main increase in shipments.

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:PE, LLDPE, crude and gaz condensate, petrochemistry, PetroChina, China, Rossiya.
Category:General News
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