18 September 2006 10:09 [Source: ICIS news]
SINGAPORE (ICIS news)--The Polyolefin Company (TPC) is expected to ship its first high 28% vinyl acetate (VA) content ethylene vinyl acetate (EVA) cargo in October, an official with the Singapore-based polymers producer said on Monday.
"We should have our first shipment in October after the trial phase," he added.
The source declined to disclose the operating rate allocation between the higher and standard EVA grades. The company has yet to nominate selling indications for October shipments.
"It is not easy to raise prices for high VA content material because the applications are quite unique and are unlike trends seen in the polyethylene market," said the source.
Standard grade 18% VA content EVA is used in shoe/sandal sole and food packaging applications while high 28% VA content product is used in hot melt adhesives and cable coating applications.
The company was due to restart its low-density polyethylene/ethylene vinyl acetate (ldPE/EVA) swing plant on 19 September, according to an earlier report by ICIS news.
The 70,000 tonnes/year plant on Jurong Island was shut on 24 July for a turnaround and modification.
While its capacity is unchanged, the modified plant will be able to produce high VA content EVA and ethyl methyl methacrylate (EMMA), in addition to ldPE and standard EVA grades, the report said.
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