China’s SSMC plans BPA unit shutdown

25 April 2011 04:30  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Shanghai Sinopec Mitsui Chemicals (SSMC) plans to shut its 120,000 tonne/year bisphenol A (BPA) unit at Caojing in Shanghai on 23 May for scheduled maintenance, a company source said on Monday.

The plant will remain off line until 20 June, the source added.

Domestic Chinese prices were stable at yuan (CNY) 19,600-20,000/tonne ($3,011-3,072/tonne) EXWH (ex-warehouse) on 22 April, as sellers were reluctant to cut their prices further in light of a lack of imported cargoes and the impending shutdown at SSMC’s BPA plant, sources said.

($1 = CNY6.51)

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By: Liu Xin
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