18 November 2011 02:44 [Source: ICIS news]
Correction: In the ICIS story headlined “Taiwan producers to bring 280,000 tonnes of MA onstream by 2013” dated 18 November 2011, please read in the headline and first paragraph … 140,000 … instead of 280,000 …. A corrected story, with recast second and third paragraphs, follows.
SINGAPORE (ICIS)--Maleic anhydride (MA) producers in Taiwan are expanding their plants and will bring a total of 140,000 tonnes of the material onstream by 2013, according to figures provided by the producers late on Thursday.
Commenting on the plans, a producer said Taiwan is preparing to play an even larger role as a global MA exporter.
Taiwan is also looking to expand its MA influence and footprint in China, the producer added. Currently, Taiwanese producers do not operate any MA plants in China.
“We see downstream MA markets increasing in size rapidly in the long term, so it is an opportune time for us to increase our MA capacities,” a second producer said.
According to estimates from the two producers, Taiwan produced a total of 60,000 tonnes of MA in 2010. Of its total production, 15,000 tonnes of the material was sold in the domestic market, while 45,000 tonnes was exported to destinations such as southeast Asia, the Middle East, India and South America.
Tasco Chemical, which is one of Taiwan’s biggest MA producers, is aiming to start test runs at its new 20,000 tonne/year plant at Kaohsiung in Linyuan in December 2012, a company source said.
Nan Ya Plastics is aiming to start test runs at its new 60,000 tonne/year MA plant in Mailiao by the end of the first quarter of 2012, a company source said.
In mid-July 2013, UPC Technology Corp will bring onstream a new 60,000 tonne/year plant located at its petrochemical complex in Liaoyang, north China.
MA is primarily used in the production of unsaturated polyester resins (UPR), which is used to reinforce fibreglass going into boat hulls, storage tanks and vehicle bodies.
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