China’s Daqing to turn around acetic acid unit

26 May 2008 09:32  [Source: ICIS news]

SHANGHAI (ICIS news)--China's Daqing Oilfield Chemical Group will shut down its 200,000 tonne/year acetic acid plant on 27 May, a company source said on Monday.

The scheduled maintenance would last for about three weeks, the source said, adding that the company would raise acetic acid prices by yuan (CNY)250/tonne ($36/tonne) to CNY5,800/tonne ex-works, effective from Tuesday. 

"We had to cut the output gradually to 500 tonnes/day last week and we will supply our products only in northeast China during the maintenance period," the source said.

Daqing, one of the major acetic acid producers in China, is located in Heilongjiang province.

($1=CNY 6.94)

Sandra Shen of CBI contributed to this article

For more on acetic acid visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect

By: Dolly Wu
+65 6780 4359

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly