Highlights:
The output loss of PP caused by unit shutdown was around 121.7kt this week, up
4.5kt WOW. According to SCI’s research, the output loss caused by maintenance
will probably decrease by 0.99% WOW to 120.5kt next week.
China’s
weekly PP output and operating rates both went up this week. The output loss of
PP caused by unit shutdown climbed by 4.5kt WOW to 121.7kt. Some producers such
as Xuzhou Haitian Petrochemical and Shandong Yulong Petrochemical shut units
down for maintenance. Some producers such as JINNENG Chemical (Qingdao) and
Sinopec-SK (Wuhan) Petrochemical restarted their units.
China PP Unit Maintenance
|
Producer
|
Offline capacity (kt/a)
|
SD Type
|
SD time
|
RS time
|
Estimated output loss (kt)
|
|
Sinopec Wuhan Company
|
100 (old line)
|
Long-term SD
|
Nov 12, 2021
|
Undetermined
|
2.1
|
|
Haiguo Longyou Petrochemical
|
200 (1# line)
|
Long-term SD
|
Feb 11, 2022
|
Undetermined
|
4.2
|
|
Haiguo Longyou Petrochemical
|
350 (2# line)
|
Long-term SD
|
Apr 18, 2022
|
Undetermined
|
7.3
|
|
Sinopec Tianjin Company
|
60
|
Long-term SD
|
Jul 31, 2022
|
Undetermined
|
1.3
|
|
PetroChina Jinxi Petrochemical
|
150
|
Long-term SD
|
Feb 13, 2023
|
Undetermined
|
3.1
|
|
Full-Tech (Changzhou) Energy & Chemistry Development
|
300
|
Long-term SD
|
Nov 1, 2023
|
Undetermined
|
6.3
|
|
Wanhua Chemical Group (Yantai)
|
300
|
Scheduled
|
May 10, 2024
|
Undetermined
|
6.3
|
|
Quanzhou Grand Pacific Chemical
|
450
|
Unplanned
|
May 23, 2024
|
Late Jan 2025
|
9.5
|
|
Anhui Tianda Petrochemical
|
150
|
Unplanned
|
Jul 22, 2024
|
Undetermined
|
3.1
|
|
PetroChina Fushun Petrochemical
|
90 (old line)
|
Scheduled
|
Aug 1, 2024
|
Undetermined
|
1.9
|
|
Sinochem Hongrun Petrochemical
|
450
|
Unplanned
|
Aug 9, 2024
|
Undetermined
|
9.5
|
|
Shaoxing Sanyuan Petrochemical
|
300 (new line)
|
Unplanned
|
Sep 1, 2024
|
Undetermined
|
6.3
|
|
Fujian Refining & Petrochemical
|
120 (old line)
|
Scheduled
|
Sep 20, 2024
|
Undetermined
|
2.5
|
|
Sinopec-SK (Wuhan) Petrochemical
|
200 (2PP line)
|
Scheduled
|
Oct 10, 2024
|
Jan 3, 2025
|
0.0
|
|
Sinopec-SK (Wuhan) Petrochemical
|
300 (3PP line)
|
Scheduled
|
Oct 11, 2024
|
Jan 3, 2025
|
0.0
|
|
JINNENG Chemical (Qingdao)
|
450 (phase II 2# line)
|
Unplanned
|
Oct 17, 2024
|
Jan 7, 2025
|
5.4
|
|
Sinopec Yanshan Petrochemical
|
70 (2PP line)
|
Unplanned
|
Oct 28, 2024
|
Undetermined
|
1.5
|
|
Dalian Organic Chemical
|
70 (old line)
|
Scheduled
|
Nov 1, 2024
|
Undetermined
|
1.5
|
|
Weifang Shufukang New Material Technology
|
150 (1# line)
|
Producing PP powder
|
Nov 6, 2024
|
Undetermined
|
3.1
|
|
Qinghai Salt Lake Industry
|
160
|
Unplanned
|
Nov 12, 2024
|
Undetermined
|
3.4
|
|
Haiwei Group
|
300
|
Scheduled
|
Nov 14, 2024
|
Undetermined
|
6.3
|
|
Levima Advanced Materials
|
80 (2# line)
|
Unplanned
|
Dec 6, 2024
|
Undetermined
|
1.7
|
|
PetroChina Qinzhou Petrochemical
|
100
|
Scheduled
|
Dec 10, 2024
|
Jan 25, 2025
|
4.2
|
|
Guangxi Hongyi New Material
|
150
|
Unplanned
|
Dec 29, 2024
|
Jan 14, 2025
|
3.1
|
|
JINNENG Chemical (Qingdao)
|
450 (phase I)
|
Unplanned
|
Dec 30, 2024
|
Jan 7, 2025
|
5.4
|
|
North Huajin Chemical Industries Group
|
60 (old line)
|
Unplanned
|
Jan 1, 2025
|
18 days later since SD* time
|
1.3
|
|
Sinopec Luoyang Company
|
80 (old line)
|
Unplanned
|
Jan 2, 2025
|
Jan 3, 2025
|
0.0
|
|
Sinopec Maoming Petrochemical
|
200 (3PP line)
|
Unplanned
|
Jan 3, 2025
|
Undetermined
|
4.2
|
|
Xuzhou Haitian Petrochemical
|
200
|
Unplanned
|
Jan 5, 2025
|
Undetermined
|
3.0
|
|
Sinopec Qilu Petrochemical
|
70
|
Unplanned
|
Jan 6, 2025
|
Undetermined
|
0.8
|
|
Sinopec Jingmen Company
|
120
|
Unplanned
|
Jan 6, 2025
|
Jan 9, 2025
|
1.1
|
|
Zhejiang Petroleum & Chemical
|
450 (3PP line)
|
Scheduled
|
Jan 6, 2025
|
Jan 11, 2025
|
5.4
|
|
Shaanxi Yanchang Coal Yulin Energy and Chemical
|
300 (1PP line)
|
Unplanned
|
Jan 8, 2025
|
3 days later since SD* time
|
1.8
|
|
JINNENG Chemical (Qingdao)
|
450 (phase II 2# line)
|
Unplanned
|
Jan 8, 2025
|
Undetermined
|
2.7
|
|
Shandong Yulong Petrochemical
|
400 (3# line)
|
Unplanned
|
Jan 8, 2025
|
Undetermined
|
2.4
|
|
Total
|
-
|
-
|
-
|
-
|
121.7
|
Remarks: RS = restart,
SD = shutdown
Methodology: The output
loss above refers to the affected output due to maintenance at producers during
the week with a sample coverage rate of 100%. It is calculated via multiplying
daily output by maintenance days.
China’s PP
supply will probably go up amid fewer unit turnarounds. There may be limited
new arrangements for unit maintenance in the short run, and some closed units
will be restarted gradually, pushing up the overall PP supply. The output loss
caused by maintenance will probably decrease by 0.99% WOW to 120.5kt
next week.