China’s Shanghai Wujing to shut etac plant on weak demand

08 December 2011 06:50  [Source: ICIS news]

MELBOURNE (ICIS)--China’s Shanghai Wujing Chemical plans to shut its 200,000 tonne/year ethyl acetate (etac) plant at Wujing in Shanghai this week because of weak demand for the solvent acetate, a company official said on Thursday.

The producer has not yet decided on the length of the shutdown, according to the official, who declined to specify an exact date for the shutdown.

The decision to shut the plant was spurred by the prevailing weak demand for the solvent acetate amid a generally uncertain economic outlook, the official said.

“We can’t see any improvement in etac demand in the lead up to the Lunar New Year,” the official added.

Etac, which is derived from acetic acid and ethanol, is used in the production of ink, coating and adhesives.

Other etac producers in China include Jiangsu Sopo Chemical and Jiangmen Handsome Chemical Development.

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By: Trisha Huang

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