China’s Shanghai Petchem to restart MEG plant alongside cracker

25 February 2009 11:33  [Source: ICIS news]

SINGAPORE (ICIS news)--China’s Shanghai Petrochemical Co is planning to resume operations at its 380,000 tonne/year monoethylene glycol (MEG) plant at Jinshan in March, following the announcement that its cracker at the same site is due to be restarted, company sources said.

“With the cracker restarting after such a long time, we’d finally have enough feedstocks so the MEG plant [would also resume operations],” said one of the sources.

The MEG facility was shut in October due to poor economics and was supposed to be restarted by November last year.

However, the November restart was pushed back after the company decided to extend the 150,000 tonne/year cracker’s downtime into this year owing to squeezed margins.

Shanghai Petrochemical, which operates a 225,000 tonne/year MEG unit at the same site, is a subsidiary of Sinopec, the largest integrated petrochemical producer in China.

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By: Salmon Aidan Lee
+65 6780 4359

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