11 August 2011 13:29 [Source: ICIS news]
SHANGHAI (ICIS)--Dushanzi Petrochemical plans to shut its 320,000 tonne/year styrene monomer (SM) unit in northwest China on Friday for 45 days of maintenance, a company source said on Thursday.
The maintenance will run concurrently with a turnaround of its 1m tonne/year naphtha cracker, the source said.
The unit is located in Xinjiang Uygur Autonomous Region and its products are mostly supplied to expandable polystyrene (EPS) units in neighbouring regions, the source added.
The EPS units have already stocked up on enough feedstock for the planned shutdown, said the source.
The shutdown may cause SM supply in the domestic market to be reduced by nearly 30,000 tonnes.
Dushanzi, a PetroChina subsidiary, only ships 4,000–8,000 tonnes/month of SM to eastern China and therefore the shutdown is not expected to affect market prices, traders said.
The source said the company will also shut its derivative downstream plants for 45 days. These include a 130,000 tonne/year polystyrene (PS) plant.
For more on styrene and PS visit ICIS chemical intelligence
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