24 June 2011 04:52 [Source: ICIS news]
SINGAPORE (ICIS)--Japan’s chlor-alkali facilities are expected to lift their operating rates to 70-80% of capacity in July from 25% currently, to stage an earlier-than-expected recovery, an official from Mitsubishi Corp said on Friday.
Most chlor-alkali producers in northeastern Japan shut their plants following the 11 March earthquake and tsunami, halting the country’s exports of polyvinyl chloride (PVC) and caustic soda until June.
“Now the chlor-alkali facilities have recovered, running at minimum of 25% on average,” the Mitsubishi source said on the sidelines of the 15th World Chlor-Alkali Conference in Singapore.
“[The plants] will resume to 70-80% [production] in July and will be sooner than the expectation of market players,” he said, but added that the prevailing power shortage in Japan can still hamper production.
The conference runs from 23-24 June 2011.
Additional reporting by Amanda Zhang
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