21 March 2012 02:56 [Source: ICIS news]
The producer is running the plants, with a combined capacity of around 23,000 tonnes/month, at 80% capacity, the source added.
The company is planning to boost the combined capacity at its two paraffin wax plants to close to 35,000 tonnes/month by the end of the year, according to the source.
Chinese paraffin wax refineries contribute approximately 70% or around 1.5m tonnes/year of the product to global supply.
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