China’s Zhejiang Weibo Chem shuts DOP plant on power shortage

02 August 2011 10:35  [Source: ICIS news]

SHANGHAI (ICIS)--China’s Zhejiang Weibo Chemical has shut its 100,000 tonne/year dioctyl phthalate (DOP) unit in Zhejiang province because of a power shortage, a source close to the company said on Tuesday.

The shutdown, which will last for a week, is in line with the Chinese government’s move to ration electricity consumption during the peak summer season, the source added.

The shutdown is not expected to have a large impact as current market conditions are weak and the plant was operating at 50% capacity prior to the shutdown, market players said.

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By: Yoyo Liu

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