Typhoon Chanthu moves to Guangxi, spares chemical industry

23 July 2010 05:47  [Source: ICIS news]

SHANGHAI (ICIS news)--Typhoon Chanthu, which made landfall in China’s Guangdong province on 23 July, has had minimal impact on petrochemical operations in the region, industry sources said on Friday.

Two people were killed and thousands of homes had collapsed as Chanthu moved from Guangdong to neighbouring Guangxi province, they added.

Strong gales and heavy rains that accompanied the typhoon had caused estimated losses of around yuan (CNY) 2bn ($294m), the provincial flood-control department said in a statement.

Rain storms still continued to lash the cities of Zhanjiang, Maoming and Yangjiang in Guangdong province, according to reports from the National Marine Environmental Forecasting Center (NMEFC).

Normal operations at Guangdong Port were expected to resume in a couple of days as the typhoon, which had moved to Guangxi at a speed of 15-20 km/hour, had weakened considerably, sources said.

Petrochemical producers in Guangdong and Guanxi were continuing normal operations, sources said.

 “….Our production was almost normal, actually our feedstock inventory is ample to feed the production even if the transportation is suspended for a longer time,” said one petrochemical producer in Guangdong.

Two fertilizer companies in Guangxi said they were producing at normal capacity, adding that transportation of goods would also not be affected as they used the rail network. 

With additional reporting by Judith Wang

($1 = CNY6.78)

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