06 May 2010 05:46 [Source: ICIS news]
SINGAPORE (ICIS news)--One of eastern China’s major ethyl acetate (etac) producer, Jiangsu Sopo, has restarted its 270,000 tonne/year plant following a five day shutdown in line with the turnaround of its upstream acetic acid plant, a company official said on Thursday.
“We restarted the plant today [Thursday],” he said in Mandarin, adding that the company lost about 3,000 tonnes of product during the five-day shutdown.
The resultant slight tightening of etac supply in the eastern China market pushed offers to yuan (CNY) 6,300-6,400/tonne ($922-937/tonne) ex-tank up CNY100/tonne from pre-Labour Day holiday levels, with deals largely concluded around the bottom end of the range, local producers said.
($1 = CNY6.83)
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