12 October 2010 06:17 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Xinjiang Dushanzi Tianli is slowly ramping up production at its 75,000 tonne/year adipic acid (ADA) plant in northwest China after restarting the unit last week, a company source said on Tuesday.
The plant was shut in early August for 40 days of turnaround. Production was being ramped up slowly, with operating rates currently at 70-80%, the source said.
Adipic acid demand was expected to pick up in this month during the peak manufacturing season, buyers said.
Meanwhile, spot adipic acid were stable week on week at $2,450-2,550/tonne (€1,764-1,836/tonne) CFR (cost and freight) NE (northeast) Asia last week, according to ICIS.
Major adipic acid producers in China include PetroChina Liaoyang Petrochemical, Shandong Bohui, Shenma Pingdingshan and Shandong Hongye.
($1 = €0.72)
Jessica Sun from CBI contributed to this article
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