21 March 2012 11:18 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwanese producer Nan Ya Plastics will bring forward a turnaround at its No 4 720,000 tonne/year monoethylene glycol (MEG) unit to late April from an original date of late June, a company source said on Wednesday.
“We decided to bring forward this turnaround to late April as some new equipment has already arrived,” the source said.
“The shutdown will last for around 40-50 days,” the source added.
As a result, the group’s supply to ?xml:namespace>
Asia MEG prices were still softening at $981-990/tonne (€746-752/tonne) CFR (cost and freight) CMP (
Nan Ya Plastics has four MEG units with a combined capacity of 1.8m tonnes/year.
($1 = €0.76)
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