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China’s Zhejiang Petrochemical started up cracker; Phase I downstream plants might face delayChina’s Zhejiang Petrochemical started up cracker; Phase I downstream plants might face delay |
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Zhejiang Petrochemical Co Ltd (ZPC) has started up its No. 1 cracker in Zhoushan, China earlier this month, though it is reported that the company is still working to stabilize the operation rate.
The cracker has an annual capacity of 1.4 million tons/year of ethylene and 900,000 tons/year of propylene.
As reported earlier, the company is also aiming to bring its Phase I downstream PP and PE plants online within 2019. However, the startup schedule is very much depending on the operation of the No. 1 cracker.
The Phase I facility houses a 300,000 tons/year HDPE unit, 450,000 tons/year LLDPE line and a 900,000 tons/year PP plant. Market players are speculating that these units might only come online in Q1-2020 given the large scale of both upstream and downstream production the company is managing.
Country
China
