Chinese producer Zhejiang Petrochemical (ZPC) has achieved on-specification production of paraxylene (PX) at its second 2mn t/yr unit early this week after the unit began trial runs on 1 February. The No.2 unit is running at around 55pc of capacity.
The No.1 unit achieved on-specification production in late-December and is operating at around 85pc of capacity.
Private-sector firm Rongsheng owns 51pc of ZPC. Shanghai-listed Zhejiang Tongkun and local government-owned Juhua own 20pc each. State-owned Saudi Arabia's Saudi Aramco is currently negotiating the purchase of the remaining 9pc from the Zhoushan government.
ZPC has already delivered some PX to domestic PTA makers. This includes Yisheng Petrochemical, a 50:50 joint venture between Rongsheng and Hengyi Industries. Deliveries were also made to Jiaxing Tongkun via China-flagged vessels.
Rongsheng said that its deliveries are underway and have not faced any hiccups despite reports of logistical difficulties at various ports. Much of China has been hit by logistical and labour issues that arose from a shortage of workers from the coronavirus outbreak.

