17 December 2008 08:55 [Source: ICIS news]
SINGAPORE (ICIS news)--Wuhan Petrochemical, a subsidiary of Sinopec, plans to shut down its aromatics unit in early January for maintenance that would last 15 days, said a company source on Wednesday.
The shutdown may have been caused by weak downstream demand ahead of the Chinese New Year holiday, said market players. Most producers had shut down or reduced output to avoid losses.
"We had already fixed the maintenance schedule last month, so it not because of market trends," added the source.
The aromatics plant, located in central China, can produce 42,000 tonnes/year of benzene, 44,000 tonnes/year of toluene and 56,000 tonnes/year of xylene.
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