MOSCOW (MRC) -- Sinopec-SK Wuhan Petrochemical Co, a subsidiary of state oil and gas group Sinopec Corp, plans to shut down its 170,000 bpd refinery in late October for about 50 days of maintenance, three industry sources said, as per Hydrocarbonprocessing.
Separately, the Wuhan-based company is due to switch off an 800,000 tonne a year ethylene plant from around mid-October for a regular overhaul for a similar duration, according to a report on Sinopec’s website.
The ethylene facility is a joint venture between Sinopec and South Korea’s SK Innovation.
A Beijing-based Sinopec press official said the company does not comment on operational matters.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).
According to MRC's DataScope report, PE imports to Russia dropped in January-June 2020 by 7% year on year to 328,000 tonnes. High density polyethylene (HDPE) accounted for the main decrease in imports. At the same time, PP imports into Russia rose in the first six months of 2020 by 21% year on year to 105,300 tonnes. Propylene homopolymer (homopolymer PP) accounted for the main increase in imports.
MRC