China’s Sinopec Shanghai Gaoqiao wax plant set for March turnaround

12 February 2014 12:11 Source:ICIS News

SINGAPORE (ICIS)--Sinopec’s Shanghai Gaoqiao Petrochemical Company’s 150,000 tonne/year paraffin wax plant will begin a two-month turnaround in early March, a company source said on Wednesday.

The turnaround is scheduled for early March although the exact date has yet to be determined, said the company source.

There will be an output loss of around 20,000 tonnes of wax to the market and tight supply of benchmarked fully refined paraffin wax 58/60 °C is expected as another major base-oil refinery, Dalian Petrochemical group, is also scheduled for maintenance in April, the source added.

Slackwax, a by-product of Group l base-oil refining, is the raw material for the production of paraffin wax.

The Gaoqiao Petrochemical wax unit is currently operating at full capacity.

Shanghai Gaoqiao Petrochemical Company is one of the key producers and exporters for Chinese origin paraffin wax. Other key regional producers include Petrochina.

By Daphne Ho