02 March 2012 06:23 [Source: ICIS news]
SINGAPORE (ICIS)--China’s CNOOC and Shell Petrochemicals Co (CSPC) is planning to shut its 320,000 tonne/year monoethylene glycol (MEG) plant in Huizhou, Guangdong province, on 21 March for a catalyst change, a company source said on Friday.
The MEG unit is expected to be restarted in the middle of April, the source added.
Most of the MEG output from CSPC’s plant is supplied on a contract basis to its downstream plants.
As it is a scheduled shutdown, the producer has stocked up sufficient MEG inventories and does not expect any disruption to its supply, the source said.
The shutdown will have a limited impact on China’s spot market, as the producer only sells about 3,000 tonnes/month to the south China spot market and the major MEG consumption and trade region is in east China.
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