CNOOC's BTX unit restarts post outage on low feed
05 March 2008 06:51 [Source: ICIS news]
SHANGHAI (ICIS news)--China National Offshore Oil Corp(CNOOC) restarted its benzene, toluene and mixed xylenes (BTX) unit in early March after it stopped operations on 23 February due to feedstock shortage, a market player said on Wednesday.
The Huizhou-based facility produces 120,000tonnes/year of toluene and 100,000 tonnes/year of solvent-grade xylene.
The shutdown did not affect the local aromatics market, and toluene and xylene were trading at yuan (CNY) 8,440/tonne ($1188.73/tonne) and CNY7,950-8,000/tonne ex-tank, east China respectively, traders said.
($1=CNY7.10)
Judith Wang contributed to this article.
For more on benzene, toluene and xylenes visit ICIS chemical intelligence
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