China's Wanhua Chemical to Shut Penglai Units for Maintenance — OPIS
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Wanhua Chemical plans to shut its petrochemical units at Penglai Industrial Park for 30 days of maintenance starting Sunday. The shutdown includes a 900,000 mt/year propane dehydrogenation unit and a 600,000 mt/year propylene oxide unit. The company expects no significant impact on overall production. This maintenance follows the recent resumption of operations at its Yantai PDH unit. Analysts note that many Chinese petrochemical firms may struggle to maintain operations due to sluggish downstream demand and feedstock shortages amid geopolitical tensions.
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