16 August 2010 08:18 [Source: ICIS news]
SINGAPORE (ICIS)--Daqing Lianhua Petrochemical, a subsidiary of state-owned oil giant PetroChina, has shut its 90,000 tonne/year paraffin wax unit in Heilongjiang province on Monday for turnaround that will last a month, a source close to the company said.
The company operates a bigger 120,000 tonne/year paraffin wax unit at the same site in northeastern ?xml:namespace>
Solid paraffin wax prices were stable in the key China market at $1,590-1,630/tonne (€1,240-1,271/tonne) FOB (free on board) China Main Port (CMP) for the benchmark 58/60ºC grade solid wax, according to ICIS.
Other regional producers include Sinopec and Taiwan Wax Co.
($1 = €0.78)
To discuss issues facing the chemical industry go to ICIS connect
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|