SINGAPORE — State-run China National Chemical Corp, or ChemChina, was forced to shut down a 100,000 barrels per day crude oil refinery in east China and cut processing rates at other two plants due to the coronavirus, three sources told Reuters on Thursday.
ChemChina switched off the 5 million tonnes per year crude oil unit at Zhenghe refinery in Shandong province on Wednesday, two of the sources said.
The company also reduced operating rates at two other plants in the province – Changyi and Huaxing – to 60% earlier this week from 70% previously. The two plants have a combined crude processing capacity of around 300,000 bpd.
*Chen Aizhu; Editing: Muralikumar Anantharaman – Reuters