China’s Yankuang restarts acetic acid plant

28 May 2008 08:34  [Source: ICIS news]

SHANGHAI (ICIS news)--China-based Yankuang Group restarted its 300,000 tonne/year acetic acid plant on Wednesday and was gradually increasing operating rates, a company source said.

 

Yankuang shut down the plant, located in Tengzhou city in the eastern Chinese province of Shandong, on 15 May due to a scheduled maintenance.

 

On-spec products would be achieved on Thursday, he added.

 

Acetic acid soared by yuan (CNY) 300-450/tonne from last week to CNY 6,000-6,300/tonne ex-tank east China on ongoing tight supply, traders said.

 

 ($1 = CNY6.95)

 

Sandra Shen contributed to this article

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