Taiwan’s Ming Dih to shut Taiwan and China EPS units for turnaround
02 August 2011 05:19 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>Taiwan’s Ming Dih Group plans to shut its expandable polystyrene (EPS) plants in Taiwan and China for maintenance in the first half of August, said a company source on Tuesday.
As demand is now weak in Asia, the company will progressively shut the affected lines from this week while maintaining operations at around 50%. The process will likely span the entire month of August, the source added.
The company operates two lines in Taiwan with a total capacity of 166,000 tonnes per year and another two lines in southern China that have a combined output of 120,000 tonnes per year.
Ming Dih also has a 30,000 tonne/year unit in Bangkok, which will be operated normally during this period.
EPS is made into styrofoam for packaging purposes as well as in insulation panels for buildings and roads.
Other major EPS makers include the Loyal Group, Wuxi Xingda Foam Plastics, Garson Chemicals and Taita Chemicals.
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By: Clive Ong+65 6780 4359
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