MOSCOW (MRC) -- Canada’s Co-op refinery complex in Regina, Saskatchewan, said it has contained and extinguished a fire in ‘Section 1’ of the 135,000 barrel-per-day refinery, with all personnel safe, according to Hydrocarbonprocessing.
The fire was “extinguished quickly”, the refinery said in statement on its website. The Co-op Refinery Complex (CRC) is a wholly-owned subsidiary and a strategic business unit of Federated Co-operatives Limited (FCL).
As MRC wrote before, in 2018, China's Sinopec Corp joined a group planning to build an oil refinery in Alberta, an enterprise that would strengthen demand for the Canadian province's heavily discounted crude. Thus, state-owned Sinopec, formally known as China Petroleum & Chemical Corp, along with an Alberta indigenous group, China State Construction Engineering Corp and Alberta management company Teedrum, plan to build a refinery to process 167,000 barrels per day of crude into gasoline and other products. The SinoCan Global refinery would cost CD8.5 billion, with a financing plan still to be worked out.
We remind that Sinopec SABIC Tianjin Petrochemical Co. (SSTPC), a 50-50 joint venture of Sinopec and SABIC, completed the debottlenecking of its ethylene cracker on 11 July 2020, adding another 30,000 tons/year output to its current capacity. Followed the expansion, the Tianjin based plant become the country's largest compressor unit, producing 1.3 million tons of ethylene annually. The cracker was shut for maintenance and debottlenecking on May 9, 2020.
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