China’s Zhongyuan Petrochemical to shut MTO unit on 25 April

24 April 2012 10:07  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Zhongyuan Petrochemical plans to shut its methanol-to-olefin (MTO) unit at Puyang in Henan province on 25 April, a company source said on Tuesday.

The MTO unit can produce around 200,000 tonnes/year of olefins, including 100,000 tonnes/year of ethylene and 100,000 tonnes/year of propylene, according to ICIS.

Zhongyuan Petrochemical will shut its naphtha cracker a few days later, the source said, but did not specify a date. The cracker is situated at the same site as the MTO unit.

It can produce 180,000 tonnes/year of ethylene and 90,000 tonnes/year of propylene

The MTO unit and the cracker will be shut for one-and-a-half months for maintenance, the source said.

The shutdowns will have little impact on the olefins market because the cracker’s downstream units, which include a 160,000 tonne/year polypropylene (PP) unit, will be shut at the same time, market players said.

The MTO unit is operating at full rate and the naphtha cracker is operating at less than 60% of capacity, the source said.

By: Lilian Hua

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