Monday 25 May 2009

Shanghai Secco starts naphtha cracker expansion

Shanghai Secco Petrochemical has shut down its 900,000 tonne/year naphtha cracker in Caojing for expansion, a company source said on Wednesday.
The 75-day shutdown, which started on 19 May, aims to expand the plant's capacity to 1.2 m tonnes/year, the source said.

The firm's 500,000 tonne/year styrene monomer (SM) unit was shut on 16 May for a 75-day expansion work. The unit’s capacity would be increased by 30% to 650,000 tonnes/year, the source added.

The Secco units are located in Shanghai Chemical Industry Park, Caojing, Shanghai.
IRPC has decided to delay the expansion of its refinery as well as its acrylonitrile butadiene styrene (ABS) unit at Rayong due to the economic slowdown, the Thai integrated refinery and petrochemicals producer said on Wednesday.

“Due to the economic slowdown, the company had adjusted the strategies on investments and postponed the investment in non-urgent projects,” IRPC said in a filing to the Stock Exchange of Thailand. The company did not specify for how long the expansion had been delayed.
The filing said the company has decided to postpone Euro IV Standard Compliance Project and Port Dredging Project.

However, IRPC has decided to push through with $88m (€64.2m) expansion of its propylene facility that is expected to increase the production capacity of Rayong unit by 100,000 tonnes/year to 412,000-432,000 tonnes/year. The expansion should be completed by 2011.
The company had announced in August 2008 that it would invest an estimated $158m to boost output from its 117,000 tonne/year ABS unit to 200,000 tonnes/year by 2011, while the refining capacity of its 215,000 bbls/day refinery would be increased to 258,000 bbls/day to meet an expected rise in demand in the automobile and electrical appliance industries.

Source: Taiwan Brilliant Shipping Agency

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