MOSCOW (MRC) -- Sinopec Shanghai Petrochemical plans to shut its low density polyethylene (LDPE) unit in Shanghai for a scheduled turnaround, according to CommoPlast.
Thus, the company will take this plant off-stream on April 18, 2021. The LDPE plant is expected to resume operations after a 29-day maintenance on May 17, 2021.
Located at Shanghai in China, the unit has a production capacity of 210,000 mt/year.
Sinopec Shanghai Petrochemical also operates its high density polyethylene (HDPE) unit in Shanghai with a production capacity of 260,000 mt/year.
As MRC reported earlier, Sinopec Shanghai Petrochemical took off-stream its HDPE plant for maintenance on June 30, 2020. The plant resumed operations on July 8, 2020.
According to MRC's ScanPlast report,January estimated LDPE consumption in Russia grew to 61,210 tonnes from 43,090 tonnes a year earlier. Russian producers increased their capacity utilisation, and export LDPE shipments decreased. Russia's estimated LDPE consumption was about 563,730 tonnes in 2020, up by 1% year on year.
China Petroleum & Chemical Corporation, or Sinopec Limited is a Chinese oil and gas company based in Beijing, China. It is listed in Hong Kong and also trades in Shanghai and New York . Sinopec is the worlds fifth biggest company by revenue.
MRC