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Sinopec Zhongyuan shutdown its MTO plant

Sinopec Zhongyuan Petrochemical has shut down its MTO unit for maintenance turnaround. The production was put on halt on July 24, 2020. The authorities believe unit is likely to remain off-stream for the whole quarter. Unit is based at Henan in China and has the production capacity of Ethylene and Propylene around 1,00,000 mt/year