03 November 2010 07:14 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Sinopec Shijiazhuang Refining & Chemical Co plans to expand its 160,000 tonne/year caprolactam plant to 200,000 tonne/year by 2015, a company source said on Wednesday.
The plant, located in ?xml:namespace>
“Caprolactam supply is tight in
The product is primarily used in producing nylon.
Demand for caprolactam is strong because of the nylon manufacturing season, and a slew of turnarounds have driven up prices to $2,730-2,740/tonne (€1,966-1,973/tonne) CFR (cost and freight) NE (northeast) Asia this week from $2,680-2,720/tonne CFR NE Asia last week, traders said.
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