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)
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