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Sinopec Luoyang Petrochemical shuts crude units for maintenance, sources say
Reuters· 2025-11-11 05:05
Core Insights - Luoyang Petrochemical, a subsidiary of Sinopec, has shut down its two crude oil units for maintenance until the end of November [1] Company Summary - The maintenance closure affects the operations of Luoyang Petrochemical, which is part of the larger Sinopec refining network [1] - The duration of the maintenance is expected to last until the end of November, indicating a significant operational pause for the company [1] Industry Summary - The closure of crude oil units at a major refinery like Luoyang Petrochemical may impact crude oil supply dynamics in the region [1] - Maintenance activities are common in the refining industry, but extended shutdowns can lead to fluctuations in market supply and pricing [1]