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On supply front, Sinopec ZRCC is going to conduct maintenance on its 750kt/yr PX plant in end-Aug for 90 days, Fuhaichuang is preliminarily expected not to restart one 800kt/yr PX line until late Sep and the restart date of the other line is undecided. In addition, some plants running at reduced O/R
On March 28, 2020, the project of Sinopec Zhenhai Base (Phase I) officially broke ground on the 800kt/year ethylene glycol plant.The 800kt/year ethylene glycol unit is one of the chemical plants in Sinopec Zhenhai base (phase I) 15 million mt/year 1.2 million mt/year ethylene project (ethylene part)
