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Sinochem Quanzhou to start up new cracker in China in mid-September

September 16/2020

MOSCOW (MRC) -- Chinas Sinochem Quanzhou Petrochemical is expected  to start up its 1 million tons/year cracker in China around mid of September 2020, reported CommoPlast with reference to a source close to the company.

Hence the company's polypropylene (PP) and polyethylene (PE) new plants shall start up around October period.

The new plants include a 450,000 tons/year high density polyethylene (HDPE) plant, a 200,000 tons/year low density polyethylene (LDPE) line and a 350,000 tons/year PP line.

Sinochem Quanzhou Petrochemical began trial runs at its HDPE plant on 25 August, 2020, according to market sources.

As MRC informed before, in January 2020, Sinochem Energy, a unit of Chinas Sinochem Group, agreed to sell a 20% stake to five state-owned firms for 11.56 billion yuan (USD1.65 billion).

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's overall PE production totalled 1,712,400 tonnes in the first seven months of 2020, up by 58% year on year. Linear low density polyethylene (LLDPE) accounted for the greatest increase in the output. At the same time, overall PP production in Russia increased in January-July 2020 by 24% year on year to 1,063,700 tonne. ZapSibNeftekhim accounted for the main increase in the output.

Sinochem Group engages in energy, agriculture, chemicals, real estate, and finance service businesses in China and internationally. It is involved in the exploration and production, refining and trading, warehousing and logistics, and distribution and retailing of oil and gas. The company also produces and distributes fertilizers, such as nitrogen, phosphate, potash, and other fertilizers.
Author:Margaret Volkova
Tags:PP, PE, LLDPE, homopolymer PP, propylene, LDPE, HDPE, ethylene, Sinochem, China, Russia.
Category:General News
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