MOSCOW (MRC) -- China’s Zhejiang Petroleum & Chemical Co Ltd has started test-run at a 2-million-ton-per-year No. 2 paraxylene (PX) unit in east China before the Lunar New Year break, reported S&P Global.
The No. 1 and No. 2 PX lines each have a nameplate capacity of 2 million mt/year.
As MRC wrote before, in December 2019, the company launched a 3.8-million-ton-per-year reformer unit, a key processing facility at its new mega refinery and petrochemical complex in east China. The reformer unit, which processes naphtha into aromatics, is the world’s single-largest facility of its kind, the company claimed.
Zhejiang Petrochemical,based in Zhoushan of Zhejiang province, started test runs at a 200,000-barrels-per-day crude oil refinery in May, the company said.
The complex also includes a second 200,000-bpd crude unit and a 1.4 million-tpy ethylene plant.
We also remind that, in H1 November 2019, Zhejiang Petrochemical Co Ltd (ZPC) started up its No. 1 cracker in Zhoushan, China, though it is reported that the company is still working to stabilize the operation rate. The cracker has an annual capacity of 1.4 million tons/year of ethylene and 900,000 tons/year of propylene and is a part of the Phase I project.
The Phase I facility also houses a 300,000 tons/year HDPE unit, 450,000 tons/year LLDPE line and a 900,000 tons/year PP plant.
PX is a feedstock for the production of purified terephthalic acid (PTA). PTA is used to produce polyethylene terephthalate (PET), which, in its turn, is used in the manufacturing of plastic bottles, films, packaging containers, in the textile and food industries.
According to MRC's ScanPlast report, the estimated consumption of polyethylene terephthalate (PET) in Russia decreased by 16% year on year in December 2019. Russia's overall estimated PET consumption totalled 696,810 tonnes in 2019, up by 1% year on year (690,130 tonnes in 2018).
MRC