China’s Shandong Lubei shuts chlor-alkali plant on soft demand

27 April 2012 10:27  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Shandong Lubei Chemical said on Friday it shut its 60,000 tonne/year chlor-alkali plant on Friday because of weak demand for the products.

Falling prices of chlor-alkali products also prompted the decision to halt production at the facility, the company said in a statement.

“We have to shut down the plant to avoid loss and the actual restart date could not be confirmed now. It should depend on the market trend,” a company source said.

Shandong Lubei Chemical’s chlor-alkali production line is located at Binzhou city in China’s Shandong province.

By: Dolly Wu
+65 6780 4359

AddThis Social Bookmark Button

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.

Printer Friendly