MOSCOW (MRC) -- Zhejiang Petrochemical is in plans to take off-stream its linear low density polyethylene (LLDPE) unit, according to Apic-online.
A Polymerupdate source in China informed that the company is likely to shut the unit for a brief maintenance in the middle of October, 2020. The unit is expected to remain off-line for about 5 days.
Located at Zhoushan, China, the LLDPE unit has a production capacity of 450,000 mt/year.
As MRC reported earlier, Zhejiang Petrochemical Co Ltd started up its ethylene cracker in late December 2019 and its polyolefin plants in late December 2019-January 2020.
Market sources reported then that one of its polypropylene (PP) plant with capacity of 450,000 tons/year started up by 30 December 2019, followed by another line with same capacity by 15 January 2020.
Meanwhile its 450,000 tons/year of linear low density polyethylene (LLDPE) and 300,000 tons/year of high density polyethylene (HDPE) were launched around similar time with PP plants.
According to MRC's ScanPlast report, August LLDPE shipments to Russia fell to 17,200 tonnes from 48,950 tonnes a month earlier, exports increased, whereas production decreased. Russia's overall LLDPE shipments totalled 257,100 tonnes in the first eight months of 2020, down by 5% year on year. Russian LLDPE C4 was sold at Rb76,000-78,000/tonne CPT Moscow, including VAT, in September.
MRC