05 February 2010 09:03 [Source: ICIS news]
SINGAPORE (ICIS news)--Zhenhai Refining and Chemical Co (ZRCC) and LyondellBasell have reverted back to the original schedule of starting up their joint propylene oxide/styrene monomer (PO/SM) facility in ?xml:namespace>
Mechanical issues would prevent the plant from operating ahead of schedule, the source said, clarifying earlier expectations of a March start-up.
The plant in
Its upstream naphtha cracker at the same site, operated by ZRCC has a nameplate capacity of 1m tonnes/year.
Construction of the cracker was completed in late December while PO/SM plant was completed in end January 2010, the source said.
“The PO/SM unit will complete its synchronization by the end of April and will be brought on stream if the cracker starts up on schedule,” he said.
A late-June start-up for the Ningbo PO/SM plant would suit the market just fine as downstream demand would have recovered by then, said a China-based trader in Mandarin.
“If the [PO/SM] unit starts up on schedule, it will be the exact period of time when downstream demand picks up. The start-up of this unit will not flood the
The PO/SM plant which uses the LyondellBasell’s PO technology will be the
With additional reporting by Peh Soo Hwee
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