China’s Suzhou Huasu Plastics to restart PVC plant on 5 March

29 February 2012 09:49  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Suzhou Huasu Plastics is planning to restart its 130,000 tonne polyvinyl chloride (PVC) plant at Suzhou in Jiangsu province on 5 March this year, a company source said on Wednesday.

The unit was shut on 27 February for a week-long planned maintenance turnaround, according to the source.

However, the plant’s restart on 5 March will be dependent on the volumes of vinyl chloride monomer (VCM) feedstock that is available in the market, the source said.

The tight supply of VCM seen in Asia currently will likely raise feedstock costs for the firm, which obtains all of its feedstock requirements through imports, said an industry source.

As a result, Suzhou Huasu Plastics will likely raise its PVC prices in March, the industry source added.

The company’s PVC prices were assessed at yuan (CNY) 69,00-6,950/tonne ($1,095-1,103/tonne) CFR (cost and freight), according to Chemease, an ICIS service in China.

($1 = CNY6.30)

By: Cherry Huang

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