Taiwan VCM Corp postpones plant shutdown until May

24 March 2011 11:12  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan VCM Corp has postponed a planned shutdown at its 360,000 tonne/year vinyl chloride monomer (VCM) unit until May, a company source said on Thursday.

“We don’t know the exact date yet but it should be sometime in May”, the source said.

The facility, located in the Lin Yuan Petrochemical Industrial Park, was initially slated to have a three-week turnaround at the beginning of April.

The turnaround was rescheduled in line with the postponement of maintenance works at power facilities in the area, the source added.

As a result, Taiwan VCM was able to offer export volumes for April, the source said.

VCM supply in Asia is extremely tight at the moment due to ongoing and upcoming plant shutdowns, industry sources said.

For more on VCM visit ICIS chemical intelligence
Please visit the complete ICIS plants and projects database

By: Feliana Widjaja

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index