09 March 2012 06:21 [Source: ICIS news]
The start-up is the first phase of the company’s new TDI project. The producer will expand the capacity at the new plant to 100,000 tonnes/year as part of the second phase, the source added without elaborating further.
With the completion of the second phase, the company’s total TDI capacity will reach 180,000 tonnes/year.
“We plan to debug this new facility in June and bring it on stream in July,” the source said in Mandarin.
The company has cancelled its original turnaround plan at its existing two TDI lines at same site for March or April, the source said.
However, the producer will shut the lines in September for annual maintenance, the source said without specifying the reason for the postponement.
According to the company’s statement to the Shanghai Stock Exchange, the total cost of the first phase will be yuan (CNY) 1.2bn ($190m).
($1 = CNY6.32)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections