China’s ZRCC shuts 165,000 tonne/year BD unit on mechanical woes

01 June 2011 11:09  [Source: ICIS news]

SHANGHAI (ICIS)--China’s Zhenhai Refining and Chemicals Co (ZRCC), a subsidiary of Sinopec, shut down its 165,000 tonne/year butadiene (BD) unit on Wednesday because of mechanical issues, a company source said.

The shutdown will last at least seven days, the source said.

BD supply in eastern China may tighten because of the shutdown, market sources said.

Spot BD prices have increased by around CNY7,000/tonne ($1,080/tonne) ex-tank from early this year to the CNY23,000/tonne  on Wednesday, according to Chemease, an ICIS service.

ZRCC's upstream 1m tonne/year naphtha cracker will run normally during the shutdown of the BD unit, the company source said.

Additional reporting by Amanda Zhang

($1 = CNY6.48)

For more on coal tar, visit ICIS chemical intelligence
Please visit the complete ICIS plants and projects database

By: Amber Liu
65 6780 4359

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly