PlantsSSESSMENTS: Zhejiang Petrochemical Slashed Production Rate At SM Plant

A source with knowledge of the matter reported to SSESSMENTS.COM that Zhejiang Petrochemical Co Ltd has slashed production rate at its SM plant. As informed, the company has lowered production to around 70-75% of normal capacity since the end of May 2020, but no specified reasons revealed. Located in Zhejiang, China, the company’s SM plant has a production capacity of 1.1 million tons/year.