19 November 2008 04:37 [Source: ICIS news]
SINGAPORE (ICIS news)--Shanghai Wujing Chemical Co raised its acetic acid operating rate marginally by nine percentage points to 54% of its combined 550,000 tonne/year capacity, following a stabilising of Chinese domestic acetic acid values, a company official said on Wednesday.
At the same time, it shut its 250,000 tonne/year No 1 line, bringing the operating rate to 54%, the company official said in Mandarin.
“We do not have any firm plans on the duration of the shutdown of the No 1 line,” he added.
Major acetic acid producers in Asia include Celanese, BP, CPDC, Jiangsu Sopo, Daicel Chemical Industries, Showa Denko and GNFC.
To discuss issues facing the chemical industry go to ICIS connect
Please visit the complete ICIS plants and projects database
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|
Asian Chemical Connections