ZPC in China Resumes Operations for Butadiene Production

Zhejiang Petroleum & Chemical (ZPC), a prominent player in China's petrochemical industry, successfully concluded routine maintenance at its No. 17 butadiene plant in Zhoushan, Guangdong province, on December 1. The plant, boasting an annual butadiene production capacity of 240 thousand tons, underwent necessary repairs starting November 21, with the maintenance period initially slated for two weeks. This strategic move aligns with ZPC's commitment to ensuring operational efficiency and the sustained reliability of its facilities.

The resumption of production at ZPC's No. 17 butadiene plant in Zhoushan comes on the heels of a scheduled maintenance period that commenced on November 21. The routine repairs were undertaken to address any operational concerns and optimize the plant's efficiency. As part of the company's proactive approach to facility management, the maintenance work, initially projected to last two weeks, successfully concluded on December 1. The plant, with an annual butadiene production capacity of 240 thousand tons, plays a crucial role in meeting the demand for this essential petrochemical.

Adding to ZPC's strategic maintenance efforts, plant No. 3 for butadiene production in Zhoushan resumed operations on December 17 after scheduled maintenance. The repairs at this facility, equipped with a capacity of 250 thousand tons of butadiene per year, began on November 30 and adhered to the planned two-week duration. The synchronized maintenance efforts at multiple plants underscore ZPC's dedication to upholding industry standards and ensuring the seamless functioning of its diverse facilities.

ZPC's petrochemical complex in Zhoushan encompasses a new cracking unit boasting an impressive annual capacity of 1.4 million tons of ethylene. Commissioned at the end of September 2020, this unit represents a significant addition to ZPC's production capabilities, contributing to the company's stature as a key player in China's petrochemical landscape. The complex's strategic location in eastern China aligns with ZPC's broader vision of expanding its footprint and contributing to the nation's growing petrochemical industry.

Zhejiang Petroleum & Chemical (ZPC) operates as a private company with a notable ownership structure. The majority shareholder of Rongsheng Petrochemical holds a 51% stake in ZPC, reflecting a strategic partnership. Other significant shareholders include China's Juhua Group and Tongkun Group, contributing to a diversified ownership landscape. This collaborative approach positions ZPC to leverage the expertise and resources of its stakeholders as it continues to expand and innovate in the petrochemical sector.

Zhejiang Petroleum & Chemical's successful resumption of production at its No. 17 butadiene plant in Zhoushan underscores the company's commitment to maintaining operational excellence. The completion of routine maintenance, coupled with the earlier restart of plant No. 3, reflects ZPC's proactive approach to facility management. As a pivotal player in China's petrochemical industry, ZPC's strategic efforts contribute to the stability of the domestic petrochemical landscape and support the nation's growing demand for essential petrochemical products. The company's collaboration with major stakeholders and its investment in new facilities position ZPC as a key player driving innovation and growth in the dynamic petrochemical sector.