January 16 (Reuters) - Wanhua Chemical (600309.SH) recently announced that the feedstock diversification revamp mentioned in its May 23, 2025, notice regarding the suspension of the first-phase ethylene plant for technical upgrades has been fully completed. The facility has now begun producing qualified products. Following the revamp, the plant has achieved the capability to switch between ethane and propane feedstocks, effectively enhancing the competitiveness of Wanhua's petrochemical industry chain. Chempricehub Analysis Ethylene, Sentiment Score: -1 Wanhua Chemical has completed the feedstock diversification revamp of its ethylene plant, enabling flexible switching between ethane and propane, which improves production efficiency. This is expected to increase ethylene supply, exerting downward pressure on spot ethylene prices. Ethane, Sentiment Score: 1 The revamp has increased demand for ethane due to its improved utilization as a feedstock for ethylene production. This may drive up spot ethane prices, reflecting expectations of tighter supply. Propane, Sentiment Score: 1 Similar to ethane, demand for propane as a feedstock has risen. The company's optimization of its production chain may exacerbate supply-demand imbalances in the market, supporting higher spot propane prices.