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China's Zhejiang Xingxing MTO plants reduced production rateChina's Zhejiang Xingxing MTO plants reduced production rate |
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According to market sources, Zhejiang Xingxing New Energy Chemical Co Ltd has experienced equipment failure at the heat exchanger and hence reduced its production rate of MTO units to 70%.
Based in Zhejiang, China, the 690,000 ton/year MTO unit is able to produce 300,000 ton/year of ethylene and 390,000 ton/year of propylene. A source closed to the company informed that they might need 2-3 days to fix this problem but there are no plan for any shutdown at the moment. The plant has started commercial run since beginning of April 2016.