Taiwan's Chang Chun to cut benzene demand

26 August 2008 05:12  [Source: ICIS news]

SINGAPORE (ICIS news)--Taiwanese phenol producer Chang Chun Plastics plans to reduce its feedstock benzene demand by about 20,000 tonnes due to a turnaround at its phenol plant in October, said a company source on Tuesday.

The Kaohsiung-based plant producing 200,000 tonnes/year of phenol would be taken offline for two months for a scheduled turnaround and capacity expansion.

The estimated loss of phenol production during the shutdown period lasting until November would be about 20,000-30,000 tonnes, he said.

The company purchases about 150,000 tonnes/year of benzene on contract and spot basis for phenol production, he added.

Some of the other key phenol producers in Asia are Japan’s Mitsui Chemicals and Korea’s Kumho P&B.

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By: Mahua Chakravarty
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