10 October 2011 09:14 [Source: ICIS news]
SINGAPORE (ICIS)--International Vinyl Acetate Company (IVC) is planning to restart the operations at its 330,000 tonne/year vinyl acetate monomer (VAM) plant at ?xml:namespace>
The company shut the plant for two weeks of scheduled maintenance, the source said.
“We are planning to restart the plant by around the end of this week,” the source added.
The producer originally scheduled to shut the plant for a turnaround in August, but delayed it to maximise the lifespan of the plant’s catalyst.
The restart at the plant is expected to dampen
VAM spot prices in the key
The prices fell before the country’s National Day holiday from 1 to 7 October after losing around 15% in value from highs in April, amid weak demand and the start-up of a unit in
“There will be no surprise in the fourth quarter of this year,” the source said.
IVC is a joint venture between
Key VAM producers in the Asia include Taiwan’s Dairen Chemical Corp (DCC), Asia Acetyls (Asacco), China’s Sichuan Vinylon Works, US-based Celanese and Japan VAM & Poval.
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