China’s Sinopec Yangzi Petchem to shut aromatics unit in Dec

03 December 2010 08:20  [Source: ICIS news]

SHANGHAI (ICIS)--China’s Sinopec Yangzi Petrochemical is planning to shut down its aromatics facility for maintenance in mid-to-late December, a source close to the company said on Friday.

The complex, located at Nanjing in Jiangsu province, produces benzene, toluene and xylenes with capacities of 390,000 tonnes/year, 300,000 tonnes/year and 650,000 tonnes/year respectively, the source added.

The facility may remain off line for about two weeks but the exact duration had not been finalised yet, the source said

Sinopec Yangzi Petrochemical would reduce the operating rate of its 850,000 tonne/year paraxylene (PX) unit at the same time as a result of the shutdown of the aromatics facility, the source added.

Benzene and toluene were mainly for captive use, which meant the shutdown would have minimal impact on the market, the source added.

However, the reduced PX output would force the company to buy cargoes, the source added.

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By: Amanda Zhang
+65 67804359



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