Shandong independent refineries' run rate slightly drops to 37.3% Thu

Chemical News: Shandong independent refineries' run rate slightly drops to 37.3% Thu

https://www.chemnet.com Apr 22,2011
Operating rates of independent refineries in Shandong Province averaged 37.3% Thursday, inching down 0.9 percentage points from one week ago, 0.3 percentage points higher than a year earlier, C1's research showed.

China Offshore Bitumen shuts 1-mil-mt/yr crude distillate unit for maintenance, as a result of which its crude runs plunged 44% to 4,500mt per day.

Because of feedstock shortage, Jincheng Petrochemical saw throughput rise from 1,000mt to only 3,000mt daily after restarting 1.5-mil-mt/yr CDU.

As of Apr 21, a total of 22 independent refineries were in operation, feedstock throughput of which added up to around 61,000mt per day, slightly down 1,500mt on week.

C1's research involves in 32 independent refineries, with annual oil refining capacities aggregating 60.05-mil mt, accounting for 90% of the total topping refineries of Shandong independent refineries.

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