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Grand Resource cuts capacity utilisation at two PP units in China on the electricity supply issue

June 04/2021

MOSCOW (MRC) -- Dongguan Grand Resource Science and Technology Co Ltd (JuZhengYuan) has cut operating rates at its two polypropylene (PP) units in Guangzhou due to the worsening electricity supply shortage in this region, according to CommoPlast with reference to market sources.

Thus, two PP lines with a combined capacity of 600,000 mt/year (300,000 mt/year each) have been running at 70% capacity since 2 June, 2021. And they will remain underutilised until further notice.

In the meantime, the upstream propane dehydrogenation (PDH) unit is not affected by the issue and would maintain a full operating rate, from which sources said that the company might be selling the excess propylene until the downstream PP production return to normal.

As MRC wrote before, Dongguan Grand Resource Science and Technology restarted its No.2 PP plant on January 16, 2020, following a turnaround. The plant was shut for maintenance on January 6, 2019.

According to MRC's ScanPlast report, PP shipments to the Russian market totalled 410,890 tonnes in January-March 2021, up by 56% year on year. Supply of homopolymer PP and PP block copolymers increased.

Dongguan Grand Resource Science and Technology Co Ltd is owned by Juzhengyuan Energy (Shenzhen, Guangdong, China). On 26 October 2019, Dongguan Grand Resources (Dongguan, Guangdong, China) integrated complex for polypropylene production in Dongguan officially started up.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PP block copolymer, homopolymer PP, propylene, Dongguan Grand Resource Science and Technology, China, Russia.
Category:General News
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