14 September 2007 10:54 [Source: ICIS news]
SINGAPORE (ICIS news)--India’s polyvinyl chloride (PVC) producer Reliance Industries has delayed the restart of its vinyls complex in Vadodara by four days to 17 September after maintenance, a company source said on Tuesday without disclosing reasons for the delay.
The facility, comprising 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, was originally scheduled to restart by 13 September.
The shutdown would have a minimal impact on the Indian PVC market, as the plant’s capacity was very small and demand was sluggish, suppliers and traders said.
Lacklustre demand prompted Indian producers to roll over PVC prices for September shipments as demand continued to be lacklustre due to a prolonged monsoon season.
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