Teijin cuts operating rates at Singapore PC line

03 June 2008 10:52  [Source: ICIS news]

SINGAPORE (ICIS news)--Teijin Chemical is running its polycarbonate (PC) plant in Singapore at a reduced rate due to the economic climate, a source from the company said on Tuesday.

 

“The company is running the plant at a reduced operation rate to adjust to the poor economics,” the source said, declining to comment on the current operating rate.

 

If the lack of demand continues coupled with high feedstock prices, the company might further reduce operations at the 200,000 tonne/year PC line, the source added.

 

The company’s 130,000 tonne/year line in Japan was still running at normal rates and the company had no plans to reduce its output as the plant was scheduled for a maintenance turnaround in July, the source said.

 

Teijin Chemical is the largest producer of PC in Asia.


By: Brian Myung
65 6780 4359



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