15 December 2008 03:35 [Source: ICIS news]
SINGAPORE (ICIS news)--Japanese producer Sumitomo Chemical increased the operating rates at its Niihima caprolactam plant to 50% from 30-35% after assessing market conditions about two weeks since the plant’s restart, a company source said on Monday.
“We will keep a close eye on the market demand-supply fundamentals to ensure greater responsiveness in a volatile market,” the source said.
Sumitomo Chemical restarted its 180,000 tonne/year caprolactam plant at 30-35% of total capacity after a month-long turnaround on 28 November.
The major regional producer runs two caprolactam lines – a 95,000 tonne/year No 1 unit and a 85,000 tonne/year No 2 line – at the Niihama plant in western ?xml:namespace>
To discuss issues facing the chemical industry go to ICIS connect
For more information on caprolactam, visit ICIS chemical intelligence
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|