Japan’s Taiyo Vinyl to shut Osaka PVC plant in July
02 April 2012 09:03 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>Japan’s Taiyo Vinyl is planning to shut its 150,000 tonne/year polyvinyl chloride (PVC) plant at Osaka in July for month-long maintenance, a source close to the company said on Monday.
Taiyo’s 310,000 tonne/year PVC unit at Yokkaichi is currently undergoing a turnaround and is due to restart in the second week of April, the source added.
The company also operates a 100,000 tonne/year plant at Chiba.
Taiyo Vinyl is still unable to offer PVC materials for export and can only supply to the domestic market because it is operating its PVC units at reduced rates amid a shortage of feedstock vinyl chloride monomer (VCM), according to the source.
The producer obtains its feedstock VCM from its parent company, Tosoh Corp, whose 1.2m tonne/year VCM facility at Nanyo has remained shut since November 2011 following an explosion at the site.By: Feliana Widjaja
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