MOSOCW (MRC) -- Zhong Tian He Chuang, a joint venture of Sinopec and China Coal Energy Group, is likely to restart its No. 2 low density polyethylene (LDPE) unit on 23 July, 2020, after a scheduled maintenance, as per Apic-online.
The company started maintenance at this unit in early-June, 2020.
The company has earlier planned turnaround at No. 2 LDPE unit for about 4 weeks, which was further extended to 7-8 weeks.
Located at Ordos in Inner Mongolia, China, the No. 2 LDPE unit has a production capacity of 120,000 mt/year.
Zhong Tian He Chuang also operates No. 1 LDPE unit with a production capacity of 250,000 mt/year at the same site.
As MRC reported earlier, Zhong Tian He Chuang took off-stream its No. 2 LDPE unit in early-April, 2019, owing to a technical glitch. Further details on duration of an unplanned outage could not be ascertained.
According to MRC's ScanPlast report, May estimated LDPE consumption in Russia decreased to 45,490 tonnes from 51,180 tonnes a month earlier. Kazanorgsintez reduced its PE output due to a shutdown for a scheduled turnaround. Russia's estimated LDPE consumption rose to 236,020 tonnes in January-May 2020, up by 3% year on year. Russian producers raised their production, and LDPE imports also increased.
Sinopec Corp. is one of the largest scale integrated energy and chemical company with upstream, midstream and downstream operations. Its principal business includes: exploring, developing, producing and trading crude oil and natural gas; producing, storing, transporting and distributing and marketing petroleum products, petrochemical products, synthetic fiber, fertilizer and other chemical products. Its refining capacity and ethylene capacity rank No.2 and No.4 globally. Sinopec listed in Hong Kong, New York, London and Shanghai in August 2001. Sinopec Group, the parent company of Sinopec Corp., is ranked the 5th in Fortune Global 500 in 2012.
MRC