China’s Yangzi Petrochemical to shut HDPE plant

15 August 2008 05:04  [Source: ICIS news]

SHANGHAI (ICIS news)—Sinopec’s subsidiary Yangzi Petrochemical plans to shut down its 260,000 tonne/year high density polyethylene (HDPE) unit on 19 August, following its parent’s earlier announcement to cut polymer production, a company source said on Friday.

 

The shutdown would last around 10 days, the source said, adding that the resulting HDPE production loss would approximate to 8,100 tonnes.

 

“We will have to limit HDPE sales volumes to distributors in view the output reduction”, the source said.

 

The company’s HDPE plant has three production lines in Jiangsu province and mainly produces HDPE yarn, injection, blow moulding and pipe grades.

 

Separately, Yangzi Petrochemical would also cut output on its linear low density  polyethylene (LLDPE) and polypropylene (PP) units next week by 1,900 tonnes and 5,000 tonnes respectively.

 

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By: Jade Xu
+65 6789 8828



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