17 November 2010 09:37 [Source: ICIS news]
GUANGZHOU (ICIS)--Cangzhou Petrochemical Co is operating its newly expanded methyl tertiary butyl ether (MTBE) plant at Cangzhou, in China's Hebei province, at 50-60% of capacity after it was started up in early November, a company source said on Wednesday.
The company increased the plant’s capacity to 50,000 tonnes/year from 20,000 tonnes/year to achieve better margins, the source added.
The facility was started up on 7 November and yielded on-spec product a few days later, the source said, adding that the company could not confirm when the unit would achieve full operating rates.
Cangzhou Petrochemical would keep the majority of its MTBE output for captive consumption in gasoline blending, according to the source.
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