MOSCOW (MRC) -- CPC Corporation is in plans to restart its No. 4 steam cracker in Linyuan, Taiwan in the third week of January, 2022, according to CommoPlast with reference to market sources.
Thus, the company has postponed the restart of htis cracker by 15 days after a small fire struck the offline unit on 6 January 2022, .
This cracker with an annual output of 380,000 tons/year of ethylene and 193,000 tons/year of propylene was shut on 8 November 2021 for a scheduled tunraround. The producer initially planned to bring the unit online on 6 January 2022.
As MRC informed earlier, Taiwan's CPC Corporation unexpectedly shut is No. 4 cracker due to technical glitches on 2 July, 2020. The shutdown period lasted for around 7 days.
The company also operates another cracker at the same site - No. 3 cracker, which has an ethylene capacity of 720,000 mt/year and propylene capacity of 370,000 mt/year.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,265,290 tonnes in the first eleven months of 2021, up by 14% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,363,850 tonnes in January-November, 2021, up by 25% year on year. Supply of homopolymer PP and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding PP random copolymers decreased significantly.
CPC Corporation, Taiwan, is engaged in the exploration, production, refining, procurement, transportation, storage, and marketing of oil and gas. The company provides fuel oil, including automotive unleaded gasoline and diesel fuel, low-sulfur fuel oil, marine distillate fuels, marine residual fuels, and aviation fuel; petrochemicals, such as ethylene, propylene, butadiene, benzene, para-xylene, and ortho-xylene; liquefied petroleum gas products comprising liquefied petroleum gas, propane, butane, and a propane/butane mixture; lubricants, motor oil, industrial oil, grease, and marilube oil; SNC products, including petroleum ether, naphtha, toluene, xylene, crude octene, methyl alcohol, normal paraffin, viscosity-graded asphalt cement, and sulfur; and natural gas.