China’s CSPC restarts Huizhou PO plant after shutdown‎

10 October 2011 10:56  [Source: ICIS news]

SINGAPORE (ICIS)--China’s CNOOC and Shell Petrochemicals Co (CSPC) has restarted its 320,000 tonne/year propylene oxide (PO) plant at Huizhou in Guangdong over the weekend, market sources said on Monday.

The company is ramping up the operating rates at the unit, the sources added.

CSPC took the plant offline on 26 September when a compressor glitch occurred at the producer’s 950,000 tonne/year naphtha cracker at the same site.

In addition, the company has restarted its downstream 200,000 tonne/year polyether polyol and 60,000 tonne/year monopropylene glycol (MPG) units, the sources said.

The producer shut the downstream units in line with the shutdown at the cracker on 26 September.

CSPC is a 50:50 joint venture between the China National Offshore Oil Corp (CNOOC) and Shell Petrochemical.

The current domestic prices of PO have increased by around yuan (CNY) 100/tonne ($16/tonne) to CNY15,900-16,100/tonne DEL (delivered) east China after market players in the country resumed trading after a week-long holiday, industry sources said.

($1 = CNY6.38)

For more on naphtha and propylene oxide, visit ICIS chemical intelligence
Please visit the complete ICIS plants and projects database
For more pricing intelligence, visit ICIS pricing

By: Chan Jingyi & Vikki Shen
+65 6780 4359

AddThis Social Bookmark Button

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