MOSCOW (MRC) -- Sinopec Maoming Petrochemical Company, part of Sinopec, has delayed the turnaround at its No. 2 low density polyethylene (LDPE) unit in Guangdong, China until 24 March, reported CommoPlast with reference to market sources.
Initially the company intended to take off-stream its 250,000 tons/year No. 2 LDPE unit on 15 March, 2021.
However, Sinopec Maoming Petrochemical decided to delay the shutdown slighlty. The outage is expected to last for 63 days.
As MRC informed previously, Sinopec Maoming Petrochemical Company plans to shut down its high density polyethylene (HDPE) plant in Guangdong for a scheduled turnaround on 25 March, 2021. The company's HDPE plant can produce 350,000 tons/year. The maintenance works are expected to last until 2 May, 2021.
According to MRC's ScanPlast report, January estimated LDPE consumption in Russia grew to 61,210 tonnes from 43,090 tonnes a year earlier. Russian producers increased their capacity utilisation, and export LDPE shipments decreased. Russia's estimated LDPE consumption was about 563,730 tonnes in 2020, up by 1% year on year.
Sinopec corp. is one of the world's largest integrated energy and chemical companies. Business Sinopec Corp. includes oil and gas exploration, production and transportation of oil and gas, oil refining, petrochemical production, production of mineral fertilizers and other chemical products. In terms of refining capacity, Sinopec Corp. ranks second in the world, in terms of ethylene capacity - fourth.
MRC