PetroChina halts base oils supply from Nanchong plant

29 January 2013 07:11  [Source: ICIS news]

SINGAPORE (ICIS)--PetroChina has halted Group I base oils supply in Sichuan province, southwest China, since 28 January when the company shut its Nanchong plant in Sichuan, a company source said on Tuesday.

The company shut the 40,000 tonne/year Group I base oils plant in view of feedstock shortage, and it plans to restart the unit after mid-February when the Lunar New Year holiday ends, the source said.

The shutdown is expected to pose limited impact on the base oils market in southwest China as local demand is weak, said major Group I base oils traders in China.

By: Whitney Shi
+65 6780 4359

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly