Sinopec HRCC (Hainan Refining) plans

On supply front, Sinopec HRCC (Hainan Refining) plans to shut its 1 million mt/yr PX plant in end-Dec for maintenance till H1 May 2022, and shut its 660kt/yr PX plant in H2 Feb for 2-month maintenance. Meanwhile, Sinopec Fujian is poised to restart its PX plant in mid-Jan and expand the capacity by 150kt/yr to 1 million mt/yr. Sinochem Quanzhou is slated to restart its 800kt/yr plant in late Jan. Zhejiang Petroleum and Chemical is expected to complete maintenance on its 2 million mt/yr line in end-Dec. Zhongjin Petrochemical may have maintenance schedule, but the date is undecided. In addition, Sinopec Yangtze could start maintenance in end-Feb, Aromatics Malaysia plans to shut its 550kt/yr PX plant in Jan-Feb 2022 for maintenance, Oman Aromatics’plant is scheduled to start maintenance in end-Dec 2021.