Sanming Chemical restarts China melamine plant

01 December 2008 10:07  [Source: ICIS news]

SINGAPORE (ICIS news)--China's Sanming Chemical has restarted its 16,000 tonne/year melamine plant in southeastern Fujian province after a week-long turnaround in mid-November, a source close to the company said on Monday.

"We have restarted the operations and have settled a few spot trades," the source said.

The plant was put back on stream, running at 100% capacity despite the continued fall in melamine prices.

China melamine values declined about 25% to $1,150-1,270/tonne FOB (free on board) China from end-October, according to global chemical market intelligence service ICIS pricing.

($1 = €0.79)

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By: Leon Toh
+65 6780 4359

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