China’s BlueStar halves new Daqing SM unit rates

12 November 2008 07:34  [Source: ICIS news]

SHANGHAI (ICIS news)--The Daqing subsidiary of China’s BlueStar Group was operating its new styrene monomer (SM) unit at around 50% due to insufficient feedstock supply after its test operation, a company source said on Thursday.

"The shortage of upstream dry gas halved the operation capacity at this new unit," the source said in Mandarin.

"The plant produced on-spec SM last week but we have not started sales," the source added.

Construction of the 80,000 tonne/year SM unit was completed in August, with the trial run conducted in September.

The company in Daqing city in the northeast province of Heilongjiang, is a subsidiary of China National BlueStar (Group) Corp, with its headquarters in Beijing.

Lisa Wu of CBI contributed to this article.

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