China’s Grand Resource cuts run rates at PP plants on the electricity supply issue

According to market sources, Dongguan Grand Resource Science and Technology Co Ltd (JuZhengYuan) is planning to cut operating rates at its two PP units in Guangzhou starting 2 June 2021 due to the worsening electricity supply shortage in this region. 

The two PP lines with a combined capacity of 600,000 tons/year would be running at 70% capacity until further notice.

In the meantime, the upstream propane dehydrogenation (PDH) unit is not affected by the issue and would maintain a full operating rate, from which sources said that the company might be selling the excess propylene until the downstream PP production return to normal.