China's Maoming Petrochemical restarts butadiene plant on 13 March

14 March 2012 06:02  [Source: ICIS news]

SINGAPORE (ICIS)--China's Maoming Petrochemical, a subsidiary of Sinopec, restarted its 50,000 tonne/year butadiene (BD) line at Maoming in Guangdong on 13 March after a 42-day turnaround, a source close to the company said on Wednesday.

“We are currently running at a low operating rate and are expecting to increase it to 90% capacity in two or three days,” the source said.

The plant was shut on 31 January for maintenance, according to the source.

The company is running its 100,000 tonne/year line at the same site at “normal” rates, the source added.

The restart may increase the region’s BD supply in March, the source said.

Maoming Petrochemical is currently offering butadiene at yuan (CNY) 26,500/tonne ($4,186/tonne) EXW (ex-works), up by CNY4,000/tonne from 31 January, the source said.

($1 = CNY6.33)

By: Maggie He

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