MOSCOW (MRC) -- China's Jiangsu Sailboat Petrochemical is now running is two acrylonitrile (ACN) plants at Lianyungang in Jiangsu province at 85%, down from near full capacity, due to lackluster demand, reported S&P Global.
The company's two 260,000 mt/year ACN plants are located in Lianyugang, Jiangsu province, China.
As MRC informed before, in March 2018, Honeywell announced that Jiangsu Sailboat Petrochemical Company, Ltd. had accepted a new methanol-to-olefins (MTO) unit provided by Honeywell UOP, and that the plant was operating and had met all guarantees. With a production capacity of 833,000 metric tons per year, the unit is the largest single-train MTO unit in the world. Honeywell UOP, which pioneered MTO technology, started its first MTO unit for China's Wison Clean Energy in 2013.
ACN is a feedstock for the production of acrylonitrile-butadiene-styrene (ABS).
According to MRC's DataScopr report, overall ABS imports to the Russian market decreased in 2019 by 4% year on year to 33,700 tonnes.
Jiangsu Sailboat Petrochemical, part of the Shenghong Holding Group, is a major petrochemical manufacturer in China, including polyethylene (PE) and ethylene-vinyl-acetate (EVA). The company's production facilities are located in the new Xuwei Industrial Park in Lianyungang City, Jiangsu Province.
MRC