09 May 2013 07:50 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Sinopec Qilu plans to restart its polyethylene (PE) units and 70,000 tonne/year polypropylene (PP) plant at Zibo in Shandong province on 15 May, a company source said on Thursday.
The PE units comprise two high density polyethylene (HDPE) units, each with a capacity of 70,000 tonnes/year, a 140,000 tonne/year linear low density polyethylene (LLDPE) unit and a 250,000 tonne/year HDPE/LLDPE swing plant.
The PP and PE plants were shut in early May for scheduled maintenance, which was postponed from its original schedule of 8-29 April.
However, the source did not provide a reason for the delay.
The supply of PE and PP in the Chinese domestic market may increase as a result of Sinopec Qilu’s restart and may cause prices to decline, according to local distributors.
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