26 March 2013 09:26 [Source: ICIS news]
SINGAPORE (ICIS)--China's Qinzhou Petrochemical, a subsidiary of PetroChina, plans to postpone the restart of its aromatic unit at Qinzhou in Guangxi province to 1 May from mid-April, a company source said on Tuesday.
The producer originally planned to restart the unit in the middle of April, the source said, but did not give any reason for the delay.
The unit was taken off line on 1 March for scheduled maintainance. The unit was running at 70% of capacity before the shutdown, the source added.
The aromatics plant can produce 90,000 tonnes/year of benzene, 480,000 tonnes/year of toluene and 510,000 tonnes/year of xylenes, the source said.
The shutdown does not have any impact on the domestic market because the company has maintained regular supply to the customers during the turnaround period, a market source said.
The reason for the delay of shutdown is likely attributed to the high inventory level amid the poor market sentiment, the market source added.
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