31 August 2010 05:28 [Source: ICIS news]
By Mahua Chakravarty and Dolly Wu
SINGAPORE (ICIS)--Restrictions on transportation of dangerous chemicals will be imposed in ?xml:namespace>
Chemicals like toluene, mixed xylenes, toluene di-isocyanate (TDI), caustic soda and chlorine would be subjected to transportation checks, with storage volumes of some to be limited until the end of December, industry sources said on Tuesday.
The Asian Games will be held at various venues within
“From 20 October to 31 December, dangerous chemical plants within 1,000 metres to the Asian Games venues have to submit the production and storage application to the government,” said Wang Hongyu, an official from the Guangzhou Production Safety Administration.
“The production capacity of these plants will be cut by 30% to 70%, while the storage volumes have to be lowered by 50% of their daily volumes,” Wang said.
The plants would have to secure approval from the
Transportation restrictions would be implemented on a trial basis from 1 September, according to some market sources, but the city government of
“We have not filed any papers for the restriction, [as] we need [to] do many test works, so the actual time for the announcement [has not been decided yet],” an official from the Guangzhou Traffic Bureau told ICIS news.
Some markets players in the TDI market said they expect regulations in
Demand for toluene might take a hit from
But other market players downplayed the potential impact of the restrictions on
Downstream consumers of inorganic chemicals such as caustic soda and chlorine that are based in
Most industry players said they were expecting the authorities to implement forced reduction in operating rates at chemical plants for the whole of the fourth quarter because of the Asian Games.
With additional reporting by Judith Wang and Aaron Cheong
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