03 August 2011 08:17 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Xin Yue Hua Gong plans to restart its partially shut epichlorohydrin (ECH) plant in Shandong province within the next two weeks, market sources said on Wednesday.
The company partially shut two out of three ECH lines on 7 July because of weak buying demand.
The two lines can produce a total of 60,000 tonnes/year of ECH.
Several Chinese ECH makers had decided to cut production following sharp declines in product prices in Asia last month, although prices have since risen and are moving higher.
The company’s other ECH line has an annual production of 35,000 tonnes and is running at 50-60% capacity, market sources added.
The Shandong ECH plant has a total capacity of 95,000 tonnes/year.
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