MOSCOW (MRC) -- Zhejiang Petrochemical Co Ltd is planning to start up its ethylene cracker within these two days and if everything goes smooth, its polyolefin plants will be starting up soon, reported Commoplast with reference.
Based in Zhejiang, China, the cracker is able to produce 1.4 million tons/year of ethylene.
Market sources reported that one of its polypropylene (PP) plant with capacity of 450,000 tons/year will startup by 30 December 2019, followed by another line with same capacity by 15 January 2020.
Meanwhile its 450,000 tons/year of lienar low density polyethylene (LLDPE) and 300,000 tons/year of high density polyethylene (HDPE) will startup around similar time with PP plants.
As MRC informed earlier, China's greenfield Zhejiang Petrochemical will use a range of process technology from Honeywell UOP for the second phase of its integrated refining and petrochemical complex in Zhoushan, Zhejiang province, according to a document, quoting a senior Honeywell official. "This second phase of the complex by itself will process 20 million tons per year of crude oil and produce another six million tons per year of aromatics when completed," Bryan Glover, vice president and general manager, Process Technology and Equipment, at Honeywell UOP, stated in the document as of January 2019.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and PP.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,724,670 tonnes in the first ten months of 2019, up by 7% year on year. Shipments of all PE grades increased. The estimated PP consumption in the Russian market in January-October 2019 totalled 1,066,520 tonnes, up by 7% year on year. Supply of block copolymers of propylene (PP block copolymer) and homopolymer of propylene (homopolymer PP) increased, demand for statistical copolymers (PP random copolymer) decreased.