03 June 2008 10:52 [Source: ICIS news]
“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 ?xml:namespace>
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|