China’s Sinopec Yangzi shuts OX plant for maintenance on 29 July

29 July 2014 03:41 Source:ICIS News

SINGAPORE (ICIS)--China’s Sinopec Yangzi Petrochemical shut down its 260,000 tonne/year ortho-xylene (OX) unit at Nanjing in Jiangsu province on 29 July for maintenance, a  sales company source said on Tuesday.

The company is likely to restart the unit by the end of August after the closing of Youth Olympic Games being held in Nanjing on 16-28 August, the source added.

The shutdown may results in a production loss of 20,000 tonnes of OX, but this will have little impact on the spot market, a market player said.

"The downstream phthalic anhydride companies have procured raw materials in advance, and there are 65,000 tonnes of OX inventory in the port,” the market player added.

Sinopec Yangzi Petrochemical is the largest OX producer in China.

By Yoyo Liu