07 December 2011 03:43 [Source: ICIS news]
The plant will mainly produce products with a flash point of above 80°C, according to the source.
The company will use its own supply of hydrogenated residue feedstock for the plant, which will enable them to enjoy a cost advantage, the source said.
The plant will be able to produce 5,000-6,000 tonnes/month of output, the source added.
The supply from the new plant is likely to soften the prices of dearomatised solvent oils, particular in the southern regions of the country, where the company will sell most of its output, market sources said.
Some traders from where in eastern and southern
“We can better control our buying cost,” a trader based in
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