09 March 2012 03:15 [Source: ICIS news]
This is a result of a decrease in operating rates at its upstream cracker to 90-95%, the sources added.
The company could not be immediately reached for comments.
The affected production lines belong to Sinopec’s subsidiaries; Maoming Petrochemical, Zhongyuan Petrochemical, Yangzi Petrochemical and Qilu Petrochemical, market sources said.
Production is curtailed by introducing a brief shutdown or reducing operating rates of the plants, they added.
Additional reporting by Ong Sheau Ling
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|