04 August 2010 05:21 [Source: ICIS news]
SINGAPORE (ICIS)--Dalian Petrochemical is ramping up operations at its 180,000 tonne/year paraffin wax plant in northeast China after the unit was restarted in late July, a source close to the company said on Wednesday.
The plant was shut on 10 June for 45 days of maintenance.
Dalian Petrochemical is a subsidiary of state-owned oil and gas giant PetroChina.
Meanwhile, the company was selling its solid semi-refined and fully-refined waxes with melting points of 56-58ºC at yuan (CNY) 10,450-10,550/tonne ($1,541-1,556/tonne) ex-works (EXW), according to market players.
Other regional paraffin wax producers include Sinopec and Taiwan Wax Co.
($1 = CNY 6.78)
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