04 June 2008 06:18 [Source: ICIS news]
By Brian Myung
SINGAPORE (ICIS news)--Sinopec subsidiary Maoming Petrochemical has shut down its styrene monomer (SM) and monoethylene glycol (MEG) plants on feedstock supply cut off from the two crackers which have been shut due to a fire, a source from the company said on Wednesday.
"Following the shutdown of our crackers, we had to shut our SM and MEG plants but they are only expected to be down for a few days," the source added in Mandarin.
The company expected its 100,000 tonne/year SM plant to be down for the next four days. The shutdown was heard to have had a temporary but big impact in ?xml:namespace>
The 120,000 tonne/year MEG line was also expected to be down for the next four days, but there were no reactions in the market yet.
On top of the two shutting both its crackers with a combined capacity of more than 1m tonne/year, Maoming Petrochemical has also shut its polymer and olefin lines, including a low density polyethylene (LDPE), high density polyethylene (HDPE) and a butadiene (BD) plant.
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