China’s Sinopec Zhanjiang Dongxing shuts aromatics unit on 27 Sept

27 September 2012 09:33  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Sinopec Zhanjiang Dongxing Petrochemical shut its aromatics unit at Zhanjiang in Guangdong province on 27 September, a company source said on Thursday afternoon.

The shutdown was imposed by the government on the basis of environmental protection, according to the source.

“The company plans to shut [its plant] to make some positive changes at the unit from 27 September to 31 October,” the company source added.

“Most of its isomer-grade xylene output is provided to Sinopec East China’s sales office, so the shutdown has little impact on the supply in south China. However, this news will boost traders' confidence in the outlook of the market, and the prices of isomer-grade xylenes are likely to be firmer in the spot market,” a south China-based trader said.

The aromatics unit can produce 55,000 tonnes/year of benzene and 180,000 tonnes/year of isomer-grade xylenes, according to the source.

By: Doris Shen

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