China's private-sector Nanjing Chengzhi Yongqing Energy plans to start its new 100,000 t/yr butadiene (BD) plant this weekend.
The start-up has been slightly delayed from mid-July because of some facility issues.
The BD plant is located in east China's Nanjing province. It is the sole derivative unit attached to Chengzhi's new 600,000 t/yr methanol-to-olefin (MTO) plant. The MTO unit achieved on-specification operations at the end of June.
The new BD plant will help ease supply tightness in China after the shutdown of Jiangsu Sailboat's 100,000 t/yr BD unit on 29 July.
China's domestic BD prices have hit a six-month high at 10,100-10,200 yuan/t delivered in east China, up by Yn600-700/t from last week. The prices are equivalent to $1,272-1,284/t on an import parity basis, after including China's 13pc VAT and 2pc import tariff.
