China’s Jiangsu Sopo shuts Zhenjiang plants for maintenance

03 May 2012 03:11  [Source: ICIS news]

MELBOURNE (ICIS)--China’s Jiangsu Sopo Chemical on 30 April shut its methanol, acetic acid and ethyl acetate (etac) plants at Zhenjiang in Jiangsu province for a planned 20-day turnaround, a company official said on Thursday.

The company operates a 500,000 tonne/year methanol unit, a 1.2m tonne/year acetic acid plant as well as a 500,000 tonne/year etac facility at the site.

The company will not offer etac cargoes for May shipment as a result of the shutdown, the official said.

Etac prices in the well-supplied domestic Chinese market are stable at yuan (CNY) 6,600/tonne ($1,046/tonne) EXW (ex-works), unchanged from a week earlier.

Other etac producers in China include Jiangmen Handsome Chemical Development, Shanghai Wujing Chemical, Shandong Jinyimeng Group and Rizhao Jiahong Biological Technology.

($1 = CNY6.31)

By: Trisha Huang

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