25 November 2008 05:51 [Source: ICIS news]
SINGAPORE (ICIS news)--Thailand’s Vinythai is cutting its caustic soda, vinyl chloride monomer (VCM) and suspension-grade polyvinyl chloride (PVC) production by 25-50% from this week due to the global economic slowdown, the company said on Tuesday.
Caustic soda production would be around 136,400 tonnes/year while VCM output would be reduced to 200,000 tonnes/year from this week until the end of the year, representing a 50% decline from normal levels.
Production at its 253,000 tonne/year suspension-grade PVC line would be reduced by 25%, while its 27,000 tonne/year emulsion-grade PVC line would be shut down completely, the company said in a statement.?xml:namespace>
Vinythai operates a fully-integrated plant in Mab Ta Phut which also produces 320,000 tonnes/year of ethylene dichloride (EDC) and 240,000 tonnes/year of chlorine.
The company completed its plant expansion in June, which increased its PVC capacity by 70,000 tonnes/year.
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