08 May 2012 11:42 [Source: ICIS news]
SINGAPORE (ICIS)--Three propylene oxide lines at Shandong province in eastern China are scheduled to be taken off line for turnaround this month, industry sources said on Tuesday.
The company also has a 85,000 tonne/year PO line at the site that will maintain normal operating during the shutdown of the bigger line, the source said.
Another producer, Shandong Dongchen, will shut its 50,000 tonne/year
A third producer, Shandong Jinling plans to shut its 100,000 tonne/year
China's domestic PO prices have been falling for the past two weeks because of weak downstream demand falling costs of raw material. On Tuesday, spot PO prices were at CNY12,000-12,200/tonne ($1,905-1,937/tonne)
($1 = CNY6.30)
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