China’s Shanghai Huayi to shut acrylic acid plant for maintenance

13 February 2012 08:37  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Shanghai Huayi is planning to shut its 60,000 tonne/year No 1 crude acrylic acid (AA) plant on 15 February for a 15-day scheduled turnaround, a company source said on Monday.

In addition, the company will shut its 60,000 tonne/year butyl acrylate (butyl-A) plant and a 30,000 tonne/year ethyl acrylate (ethyl-A) plant at the same site after shutting its AA unit, the source said without elaborating further.

The shutdowns is not expected to cause a supply shortage in east China, a market player said.

The spot prices of butyl-A rose by yuan (CNY) 600-700/tonne ($95-111/tonne) over the past two weeks to CNY13,200-13,400/tonne on 10 February.

The prices rose mainly because trade activity picked up after the Lunar New Year in late January, according to Chemease, an ICIS service in China.

Shanghai Huayi is a key AA and acrylate esters producer in east China and has three other AA lines in Shanghai with a total production capacity of 210,000 tonnes/year.

($1 = CNY 6.29)

By: Lingjun Pan

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