09 July 2012 08:20 [Source: ICIS news]
SINGAPORE (ICIS)--Sinopec-SABIC Tianjin Petrochemical plans to shut its 380,000 tonne/year monoethylene glycol (MEG) plant in north ?xml:namespace>
The shutdown is expected to last about 45 days, the source said.
The unit also produces 24,000 tonne/year diethylene glycol (DEG) – a co-product of MEG, according to the source.
Production loss during the turnaround is expected at 3,000 tonnes for DEG and 45,000 tonnes for MEG, the source said.
The company is 50:50 joint venture between petrochemical majors SABIC of
Anticipating the August shutdown, Sinopec-SABIC Tianjin is currently selling limited spot MEG and DEG, leading to some tightness in supply in the domestic market, traders said.
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