MOSCOW (MRC) -- Sinopec Cangzhou Petrochemical has shut its refinery for maintenance turnaround, according to Apic-online.
A Polymerupdate source in China informed that the refinery was shut on March 26, 2015. It is planned to remain off-stream for around two months.
Located at Cangzhou in Hebei province of China, the plant has a production capacity of 2.5 million mt/year.
As MRC informed before, in November 2013, Sinopec won initial approval last month from China's top economic planner for a plan to build a USD10-billion refinery and petrochemical complex in Shanghai. China, the world's largest net importer of oil, is likely to add 3 million barrels per day, or a quarter of new refining capacity, between 2013 and 2015 to fuel economic growth, industry officials and Chinese media estimate.
Sinopec Corp. is one of the largest scale integrated energy and chemical companies with upstream, midstream and downstream operations. Its refining and ethylene capacity ranks No.2 and No.4 globally. The Company has 30,000 sales and distribution networks of oil products and chemical products, its service stations are now ranked third largest in the world.
MRC