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.
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections