Japan's Mitsubishi brings forward MIBK plant turnaround to May

01 March 2010 07:37  [Source: ICIS news]

SINGAPORE (ICIS news)--Japan’s Mitsubishi Chemical has brought forward a turnaround at its 20,000 tonne/year methyl isobutyl ketone (MIBK) plant at Mizushima in Okayama prefecture to May from June, a company official said on Monday.

"The plant will be shut from mid-May to early July," the official said, without providing reasons for the change in schedule.

ICIS news had earlier reported that the facility would be taken off line in June.

It was too early to predict the impact of the shutdown on MIBK prices in Asia, which were traded above $1,650/tonne (€1,205/tonne) CFR (cost and freight) China on Monday, market sources said.

MIBK is mainly used as a solvent for industrial paints and in the production of rubber chemicals.

($1 = €0.73)

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By: Peh Soo Hwee
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