21 May 2012 09:01 [Source: ICIS news]
The company plans to run the plant at a reduced rate of 70% because of poor demand and weak profitability, the source said.
The plant can produce 240,000 tonnes/year of benzene and 700,000 tonnes/year of paraxylene (PX).
Qingdao Lidong supplies PX to downstream purified terephthalic acid (PTA) makers such as Zhejiang Yisheng Petrochemicals, Shaoxing Yuandong Petrochemicals and Xiamen Xianglu Petrochemicals.
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