28 November 2008 14:45 [Source: ICIS news]
“We are still running (caprolactam production) but the rate is below 50% and we are seriously thinking about shutting down,” confirmed the source.
“I think that it will be very difficult to restart and it can be a big impact for supply and future prices trend,” he said.
ZAP’s news follows recent reports that other European caprolactam producers were cutting production or halting it altogether.
This week, Czech polyvinyl chloride (PVC) and caprolactam maker Spolana reported that it will reduce production by up to 50% from December and may have to cut wages and make lay-offs due to poor demand.
In addition, Domo Caproleuna was running production at reduced rates at its Leuna facility and Lanxess was doing so in
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