02 June 2010 05:48 [Source: ICIS news]
SINGAPORE (ICIS news)--Asia’s largest adipic acid producer, Asahi Kasei, is scheduled to restart its 120,000 tonne/year plant in Nobeoka, Miyazaki prefecture, within the first half of June following a one-month turnaround, a company official said on Wednesday.
“We plan to restart the plant in the next two weeks,” the official said.
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Adipic acid spot prices slipped $50/tonne (€41) from record highs to $2,600–2,700/tonne CFR (cost & freight) northeast
Adipic acid is primarily used in the production of nylon 6,6, as well as in the manufacturing of polyurethanes, which is used in shoe soles and polyester resins. Nylon 6,6, is used for the manufacture of tyre cord.
($1 = €0.82)
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