03 May 2012 08:59 [Source: ICIS news]
SINGAPORE (ICIS)--China’s BASF-YPC restarted its aromatics plant at Nanjing on 2 May after taking it off line on 16 April because of a maintenance shutdown at its upstream 740,000 tonne/year ethylene cracker, a company source said on Thursday.
The producer’s cracker, which is located at the same site at Nanjing in Jiangsu province, was also shut on 16 April.
The plant can produce 150,000 tonnes/year of benzene, 100,000 tonnes/year of toluene and 80,000 tonnes/year of solvent xylene, the source added.
“The restart at the unit is likely to have little impact on the aromatics market as its benzene output is largely used for the captive consumption of styrene monomer (SM) rather than sold to the spot market,” said the source.
“Only 2,000 tonnes of toluene and 1,200 tonnes of solvent xylene from the unit will be sold in the spot market in May,” the source added.
BASF-YPC is a joint venture between BASF and Yangzi Petrochemical Corp.
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