China's Maoming Petrochemical cuts aromatics unit run rate to 65%

02 February 2012 06:27  [Source: ICIS news]

SINGAPORE (ICIS)--China's Maoming Petrochemical will run its aromatics unit in Guangdong province at an average operating rate of 65% this month from 80% in January, anticipating feedstock shortage when an upstream cracker undergoes maintenance, a company source said on Thursday.

The aromatics unit can produce 240,000 tonnes/year of benzene, 140,000 tonnes/year of toluene and 105,000 tonnes/year of xylenes, the source said.

Maoming Petrochemical is scheduled to shut its 380,000 tonne/year cracker at the site on 13 February.

"In view of short feedstocks, the downstream aromatics unit will cut down its operating rate by 15 percentage points, but the impact [on domestic market supply] is extremely limited," the source added.

Maoming Petrochemical is a subsidiary of China’s oil and gas giant Sinopec.

Author: Vivian Liu

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