21 August 2013 09:35 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Daqing Petrochemical restarted its two 600,000 tonne/year naphtha crackers and derivative polyethylene/polypropylene (PE, PP) units in Heilongjiang province on 20 August, a company source said on Wednesday.
The plants were shut on 5 August for regular maintenance, the source said.
The derivative plants include a 65,000 tonne/year and a 200,000 tonne/year low density polyethylene (LDPE) units; three 80,000 tonne/year high density polyethylene (HDPE) units; 85,000 tonne/year linear low density polyethylene (LLDPE) unit; 250,000 tonne/year and 300,000 tonne/year HDPE/LLDPE swing units and a 100,000 tonne/year PP unit.
Domestic PE prices in China may face further downward pressure with the restart of Daqing Petrochemical’s plants amid rising inventory among producers and traders, market sources said.
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