08 December 2011 03:14 [Source: ICIS news]
SINGAPORE (ICIS)--Hong Kong Petrochemical plans to shut its 140,000 tonne/year polystyrene (PS) plant at Yuen Long in the New Territories in early January 2012 for maintenance, a company source said on Thursday.
The turnaround is expected to be completed by 23 January.
“The facility is expected to be restarted before the Chinese New Year,” the source added.
The shutdown is not expected to affect the Hong Kong and China markets as they are in a lull season. Chinese demand for PS is expected to stay weak into the first quarter.
The other PS producer in Hong Kong is Dow Chemicals.
PS resins are used in the manufacturing of toys, packaging products, utensils and consumer electronics.
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