UpdateMaoming to keep high cracker rates
17 April 2008 09:32 [Source: ICIS news]
(Recasts story with company comments)
SINGAPORE (ICIS news)--Sinopec subsidiary Maoming Petrochemical plans to keep its crackers operating at full rates by increasing its naphtha purchases after an explosion cut its refinery output, a company source said on Thursday.
Naphtha from its inventory will also be used to feed its crackers, which have a total capacity of nearly 1m tonnes/year, he added.
The company has also brought forward the turnaround of its 1m tonne/year hydrotreater in Maoming, Guangdong province, after its pipeline exploded on Wednesday, he said.
The unit could be shut for 20 days from Thursday, the source said, adding that the duration would also depend on whether they have spare parts to repair the pipeline.
Maoming’s refining production plan for April would be affected, he said, but declined to say how much output at its 13.5m tonne/year refinery will be cut.
By: Florence Tan
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