14 June 2011 05:00 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Xianglu Petrochemical on 13 June shut its 1.65m tonne/year purified terephthalic acid (PTA) plant at Xiamen, Fujian province, for a scheduled 15-day turnaround, a company source said on Tuesday.
“The plant was shut yesterday and will restart 15 days later,” the source said.
Around 50,000-60,000 tonnes of PTA output will be lost during the turnaround, according to the source.
However, the shutdown will not have an impact on the company’s contract supply as Xianglu Petrochemical has built up its inventory and bought some cargoes from the spot market to plug the shortfall, the source added.
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|
Asian Chemical Connections