MOSCOW (MRC) -- Ningbo Huatai Shengfu Wealthy Polymer Material was forced to shut down its hydrocarbon ethylene cracker in Daxie, Ningbo on 8 November 2021 due to a technical glitch, according CommoPlast.
The cracker has an annual output of 600,000 tons/year of ethylene. At the time of this report, it is unclear to when the company would be able to bring the unit back online.
As a result of feedstock disruptions, the producer has taken all of its downstream units at the same complex offline, including a 450,000 tons/year styrene monomer (SM) plant, and a 450,000 tons/year FDPE plant until the cracker resume operation.
As MRC informed earlier, the company launched this cracker in Ningo in July, 2021.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,868,160 tonnes in the first nine months of 2021, up by 18% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,138,510 tonnes in January-September 2021, up by 30% year on year. Supply of propylene homopolymer (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding statistical copolymers of propylene (PP random copolymers) decreased significantly.
MRC