China’s Yanshan Petrochemical to shut cracker, derivative units mid-Aug

28 July 2011 10:58  [Source: ICIS news]

SHANGHAI (ICIS)--Yanshan Petrochemical plans to shut its cracker and downstream polyethylene (PE) and polypropylene (PP) plants at Yanshan in northern China in mid-August for maintenance, a source close to the company said on Thursday.

Its 710,000 tonne/year cracker and 140,000 tonne/year high density PE (HDPE) plant will be shut on 15 August for a 30-day turnaround, the source said.

Its No 1 and No 2 low density PE (LDPE) plants that have a respective capacity of 60,000 tonnes/year will be shut from 17 August for 26 days, he said.

These two plants are involved in the production of coating grade LDPE, he added.

The scheduled shutdown of Yanshan Petrochemical’s LDPE coating plants have led local distributors to raise their offers for locally produced LDPE coating grade in north China to yuan (CNY) 16,900-17,000/tonne ($2,624-2,639/tonne) ex-warehouse this week, CNY1,000/tonne higher from last week’s CNY15,900-16,000/tonne ex-warehouse, local distributors said.

Meanwhile, the producer’s No 3 LDPE/ethylene vinyl acetate (EVA) swing plant with the same capacity of 60,000 tonnes/year will be shut from 15 August for 30 days, he said.

Its 200,000 tonne/year LDPE unit will be shut on 15 August for a 31-day turnaround, and its 200,000 tonne/year PP plant will also be shut on the same day for 11 days, he added.

($1 = CNY6.44)

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By: Angie Li
+65 6780 4359

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