22 March 2006 06:51 [Source: ICIS news]
The company shut its 120,000 tonne/year phenol/acetone unit in
Jilin Petrochemical had to keep its phenol-acetone unit shut to carry out modifications to its waste management system.
The startup of
Tight supplies linked mainly to a spate of regional shutdowns from February to April had been the key driver behind the recent increase in phenol prices. Spot rates were up by about $100/tonne over a six-week period to $950/tonne CFR China in late February.
Acetone prices are not expected to be affected significantly by the startup of
Jilin Petrochemical, which was the largest aniline producer in
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