Taiwan's CPDC restarts Xiaogang capro unit, cancels Li Peng contract

21 February 2012 09:30  [Source: ICIS news]

BRISBANE (ICIS)--Taiwan's China Petrochemical Development Corp (CPDC) restarted its 100,000 tonne/year caprolactam (capro) plant at Xiaogang early this week, a company source said on Tuesday.

The plant was shut on 2 February for scheduled maintenance.

The operating rate of the plant is expected to reach 100% in one to two weeks’ time, he added.

The company announced late last week that it had cancelled a contract to supply capro to Li Peng Enterprise, as the company had breached the agreement by taking 80% less volumes than contracted in November last year.

The source said on Tuesday: “It is too early to say [will happen next], but we will be in talks [with Li Peng] to resolve this.”

CPDC accounts for around 15% of Li Peng’s capro supply, according to market players.

Li Peng is the largest nylon maker in Taiwan with an annual production capacity of 400,000 tonnes/year, according to ICIS data.

By: Junie Lin

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