KaiWei runs melamine unit at 25% on poor demand

17 November 2008 08:22  [Source: ICIS news]

SHANGHAI (ICIS news)--China-based Tianjin KaiWei Chemical is operating its 30,000 tonne/year melamine plant in northeastern China at 25% of capacity due to poor demand, a company source said on Monday.

"We cut the operating rate from 50% to 25% last week," the source said in Mandarin. "The demand from foreign countries is very weak amid the global financial turmoil as buyers have little purchasing interest."

"Our operation will resume to normal when the market warms up," he said.

The company, a subsidiary of KaiWei Group, was currently operating two lines at the facility in Tianjin, while the other six were offline, added the source.

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By: Judith Wang
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