18 January 2010 06:43 [Source: ICIS news]
GUANGZHOU (ICIS news)--Sinopec and Saudi Basic Industries Corp (SABIC) started up their 1m tonne/year joint-venture cracker at Tianjin on 16 January and achieved on-spec products after running it for 12 hours, a company source said on Monday.
The cracker was operating smoothly and was expected to begin supplying feedstock to downstream facilities one week later, the source added.
Downstream polypropylene (PP) and polyethylene (PE) units, which are now fed by a smaller 200,000 tonne/year cracker owned by Sinopec Tianjin Company, would switch its feedstock supplier to the new cracker, the source added.
Operating rates of the PP and PE units would stand at around 60-70% this year, the source said, adding that utilisation of the cracker would largely depend on feedstock naphtha supply from Sinopec Tianjin’s 10m tonne/year refinery.
The refinery started operation in mid-December last year, the source added.For more on Sinopec and SABIC visit ICIS company intelligence
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