TPI Polene plans shutdown for repairs at EVA unit

14 July 2008 11:32  [Source: ICIS news]

SINGAPORE (ICIS news)--Thailand’s TPI Polene plans to shut down its 158,000 tonne/year ethylene vinyl acetate (EVA)/low density polyethylene (LDPE) plant in Mab Ta Phut for 11 days from Sunday for repairs, a company official said on Monday.

 

“We need to shut down production to replace a part in the plant,” he said, adding the estimated production loss would be around 2,200 tonnes.

 

This is the second shutdown the plant has faced this year.

 

The upcoming shutdown, however, was unlikely to improve market sentiment as it came at a time when demand for 18% VA content grade from the downstream footwear sector in China had weakened in the wake of a recent rise in prices caused by rising manufacturing and labour costs, said market participants.

 

Meanwhile, some northeast Asia-based producers were heard to have reduced second half of July offers for EVA to $2,420-2,430/tonne CFR CMP (China Main Port), down $60-70/tonne from early July levels following an absence of buyers.

 

For more on EVA visit ICIS chemical intelligence

To discuss issues facing the chemical industry go to ICIS connect

 

 


By: Helen Lee
+65 6780 4359



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