MOSCOW (MRC) -- China's Wanhua Chemical targets to achieve on-spec production from its new 50,000 mt/year butadiene unit in Yantai this week, reported S&P Global.
Market participants are closely monitoring China's butadiene exports as the new butadiene plant startup will likely increase the volume.
As MRC informed before, Wanha Chemical started up the LPG feed steam cracker in Yantai, China in early November and managed to produce on-spec ethylene cargoes on 9 November 2020. The cracker has an annual capacity of 1 million tons/year of ethylene, 530,000 tons/year of propylene.
The cracker is part of the company’s newly constructed petrochemical complex. Downstream units at the same site are integrated with the cracker, however, these units have yet to come online.
The company's petrochemical plants will include the following production capacities: 400,000 mt/year of PVC, 150,000 mt/year of ethylene oxide (EO), 350,000 mt/year of high density polyethylene (HDPE), 450,000 mt/year of linear low density polyethylene (LLDPE) an 300,000 mt/year of polypropylene (PP).
Butadiene is the main feedstock for the production of acrylonitrile-butadiene-styrene (ABS).
According to MRC's ScanPlast report, ABS shipments to the Russian market virtually remained at the previous month's level, totalling 5,060 tonnes. Overall consumption of material in the country was 37,120 tonnes in the first ten months of 2020, down by 6% year on year.
MRC