TPCC cuts BPA operating rates on poor demand
09 May 2008 11:27 [Source: ICIS news]
SINGAPORE (ICIS news)--Operating rates at Taiwan Prosperity Chemical Corp’s (TPCC) bisphenol-A (BPA)Kaohsiung facility have been cut on poor demand, a company official said on Friday.
The 80,000 tonne/year production line was currently running at 90% of capacity, the source said.
The company had suspended spot offers to the Chinese market due to poor downstream demand.
“Buying ideas are too low, if we sell cargoes below $1,800/tonne CFR (cost and freight)
Other BPA majors in the region include Nan Ya Plastics, LG Chem, Mitsubishi Chemicals and Mitsui Chemicals.
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By: Jeremiah Chan
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