Vinyl Chloride Malaysia to restart Kerteh VCM plant in late May

13 May 2011 07:37  [Source: ICIS news]

SINGAPORE (ICIS)--Vinyl Chloride Malaysia is scheduled to restart its 400,000 tonne/year vinyl chloride monomer (VCM) plant at Kerteh, Terengganu state, in the last week of May, a company source said on Friday.

The producer shut its unit in early March because of a technical issue.

As a result, the supply of VCM in southeast Asia has been tight and several downstream polyvinyl chloride (PVC) producers had to reduce their operating rates because of the feedstock shortage, market sources said.

The plant restart is expected to ease the short supply situation, but it might take some time before the VCM supply-demand balance returns to normal, according to market sources.   

Vinyl Chloride Malaysia is a subsidiary of state-owned Petronas.

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By: Feliana Widjaja

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