China’s Shenyang Parafin shuts catalytic pyrolysis process unit

06 March 2012 08:21  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Shenyang Parafin had to shut its catalytic pyrolysis process (CPP) unit in Shenyang, northeastern Liaoning province, in late February because of a mechanical problem, a company source said on Tuesday.

“We are planning to restart the unit one month later,” the source said.

“However, [the restart] also depends on the profit margin,” the source added.

The company is suffering “huge losses” because of high crude and naphtha oil prices and cheaper prices of its own products, the source explained but did not give details.

The unit can produce 74,000 tonnes/year propylene. Its also produces ethylene, naphtha, liquefied petroleum gas (LPG) and other by-products.

The company’s fluid catalytic cracker (FCC) unit that produces 58,400 tonnes/year propylene is running normally, the source said.

By: Lilian Hua

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