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.
For more on vinyl chloride monomer, visit ICIS chemical intelligence
Please visit the complete ICIS plants and projects database
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.
|ICIS news FREE TRIAL|
|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|