02 February 2012 03:41 [Source: ICIS news]
Gaoqiao Petrochemical is operating the plant at a low rate because it is still conducting test runs at the unit, the source said.
The exact start-up date could not be confirmed, but on-spec products were achieved on 11 January, according to the source.
The plant can produce 120,000 tonnes/year of benzene and 200,000 tonnes/year of isomer-grade xylene (IX), the source said.
Since the start-up, the company has sold 5,500-6,000 tonnes of IX to the domestic market. However, the prices of IX are not expected to be affected as the increase in supply is small, market players said.
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