India’s Reliance plans to restart vinyls complex
11 September 2007 11:34 [Source: ICIS news]
SINGAPORE (ICIS news)--India’s largest polyvinyl chloride (PVC) producer Reliance Industries plans to restart its vinyls complex in Vadodara by 13 September after a two-week maintenance shutdown, a source close to the company said on Tuesday.
The facility comprises PVC and vinyl chloride (VCM) plants with a capacity of 60,000 tonnes/year each and a 36,000 tonne/year ethylene dichloride (EDC) unit.
The shutdown would have a minimal impact on the Indian PVC market, suppliers and traders said.
“Only 2,000 tonnes of PVC would be lost during the turnaround,” the source close to Reliance said.
“Demand is so sluggish at the moment that such a small production loss would create hardly any ripple,” he added.
Indian producers rolled over PVC prices for September shipments as demand continued to be lacklustre due to a prolonged monsoon season.
Other major Indian PVC producers include Finolex Industries and Chemplast Sanmar.
By: Prema Viswanathan
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