China's Qingdao Refining and Chemical shuts aromatics complex

24 June 2011 09:10  [Source: ICIS news]

SHANGHAI (ICIS)--China's Qingdao Refining and Chemical, a subsidiary of Sinopec, has shut its aromatics complex at Qingdao in north China on 20 June for 30 days of annual maintenance, a company source said on Friday.

The complex has a production capacity of up to 50,000 tonnes/year of benzene and 380,000 tonnes/year of mixed xylenes (MX), the source added.

The monthly output of benzene, which is about 3,000 tonnes, is exported to South Korea. As this amount is small, the ongoing shutdown is not expected to affect exports to the country, the source said.

The complex produces 25,000 tonnes of MX monthly. Of this output, around 20,000 tonnes are supplied to Sinopec's downstream paraxylene (PX) converters through the company's sales branch at east China. The rest of the MX is sold domestically, the source from Qingdao Refining and Chemical said.

The scheduled maintenance is expected to have minimal impact as well on China's MX market as demand is currently sluggish, the source added.

 Additional reporting by Amanda Zhang

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Author: Vivian Liu

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