China’s Qixiang Tengda operates MEK plant at 70%

24 March 2011 07:16  [Source: ICIS news]

SHANGHAI (ICIS)--China’s Zibo Qixiang Tengda Chemical is operating its methyl ethyl ketone (MEK) plant at 70% capacity because of a shortage in steam supply, a company source said on Thursday.

The plant, located at Zibo in Shandong province, consists of two lines with capacities of 20,000 tonnes/year and 120,000 tonnes/year respectively, the source said.

The bigger line was restarted in mid-March after it was shut down in late February on a shortage of steam, the source added.

The producer lifted its offers on Thursday by yuan (CNY)1,000/tonne ($152/tonne) DEL (delivered) from early March prices to CNY14,500/tonne DEL in east China, citing robust demand in the domestic market, the source added.

Additional reporting by Tracy Huang

($1 = CNY6.56)

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By: Amanda Zhang
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