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Reduced equipment maintenance in October, increased PE supply

In October, the loss of PE equipment maintenance in China continued to decrease compared to the previous month. Due to the high cost pressure, the phenomenon of production equipment being temporarily shut down for maintenance still exists.
In October, the pre maintenance Qilu Petrochemical Low Voltage Line B, Lanzhou Petrochemical Old Full Density, and Zhejiang Petrochemical 1 # Low Voltage Units have been restarted. Shanghai Petrochemical High Voltage 1PE Line, Lanzhou Petrochemical New Full Density/High Voltage, Dushanzi Old Full Density, Zhejiang Petrochemical 2 # Low Voltage, Daqing Petrochemical Low Voltage Line B/Full Density Line, Zhongtian Hechuang High Voltage, and Zhejiang Petrochemical Full Density Phase I Units have been restarted after a short shutdown. Shanghai Petrochemical Low Voltage, Guangzhou Petrochemical Full Density The linear/low-voltage phase II device of a joint venture in South China was shut down for maintenance, while the high-pressure 1PE phase II device of Shanghai Petrochemical was temporarily shut down due to a malfunction; Heilongjiang Haiguo Longyou full density and Sichuan Petrochemical low pressure/full density devices are still under shutdown and maintenance.

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According to statistical data, the maintenance loss of domestic PE devices in October was approximately 252300 tons, a decrease of 4.10% compared to the previous month. From the comparison chart of monthly maintenance losses, it can be seen that the equipment maintenance losses in October 2023 were higher than the same period in previous years. In order to alleviate profit pressure, some manufacturers have taken measures such as increasing maintenance frequency, adjusting operating rates, and even operating parking. It is understood that in November, Daqing Petrochemical Linear, Dushanzi Petrochemical Full Density, Zhongtian Hechuang High Voltage, Fujian United Full Density, and Qilu Petrochemical High Voltage Devices will have minor maintenance plans (for future maintenance plan statistics, there may be deviations between the maintenance plan and the actual production situation. Please pay attention to the domestic device sector for the actual production situation).


Post time: Nov-06-2023