China’s Hanbang Petrochemical shut PTA plant for maintenance

According to market sources, Hanbang Petrochemical, also known as China Prosperity Jiangyin Petrochemical has taken its PTA unit in Jiangsu province offline on 6 January 2021 for maintenance. 

The unit has an annual capacity of 2.2 million tons/year and would remain shut for around one month. 

Meanwhile, the producer owns a smaller PTA unit at the same location with a capacity of 700,000 tons/year that has been shut since May 2020. The restart date at this plant in uncertain at the moment.