MOSCOW (MRC) -- China's Jiangsu Sailboat Petrochemical, also known as Jiangsu Shenghong, is only running the second of its 260,000 mt/year acrylonitrile (ACN) plants at Lianyungang at half rate after it restarted on August 6, reported S&P Global.
The company shut down both their two 260,000 mt/yr ACN plants on July 16, 2020 due to the unexpected outage of its upstream methanol-to-olefins plant.
Jiangsu Sailboat is not running the second ACN plant at full due to the lack of propylene feedstock.
As MRC informed before, in March 2018, Honeywell announced that Jiangsu Sailboat Petrochemical Company, Ltd. had accepted a new methanol-to-olefins (MTO) unit provided by Honeywell UOP, and that the plant was operating and had met all guarantees. With a production capacity of 833,000 metric tons per year, the unit is the largest single-train MTO unit in the world. Honeywell UOP, which pioneered MTO technology, started its first MTO unit for China's Wison Clean Energy in 2013.
ACN is a feedstock for the production of acrylonitrile-butadiene-styrene (ABS).
According to MRC's ScanPlast report, the estimated consumption decreased in January-June 2020 by 18% year on year in the Russian ABS sector, totalling 19,360 tonnes. 2,680 tonnes of ABS plastics were processed in Russia in June 2020.
Jiangsu Sailboat Petrochemical, part of the Shenghong Holding Group, is a major petrochemical manufacturer in China, including polyethylene (PE) and ethylene-vinyl-acetate (EVA). The company's production facilities are located in the new Xuwei Industrial Park in Lianyungang City, Jiangsu Province.
MRC