CNOOC's BTX unit restarts post outage on low feed

05 March 2008 06:51  [Source: ICIS news]

SHANGHAI (ICIS news)--China National Offshore Oil Corp(CNOOC) restarted its benzene, toluene and mixed xylenes (BTX) unit in early March after it stopped operations on 23 February due to feedstock shortage, a market player said on Wednesday.

The Huizhou-based facility produces 120,000tonnes/year of toluene and 100,000 tonnes/year of solvent-grade xylene.

The shutdown did not affect the local aromatics market, and toluene and xylene were trading at yuan (CNY) 8,440/tonne ($1188.73/tonne) and CNY7,950-8,000/tonne ex-tank, east China respectively, traders said.

($1=CNY7.10)

Judith Wang contributed to this article.

For more on benzene, toluene and xylenes visit ICIS chemical intelligence

By: Lynn Huang
+65 6780 4359

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