21 May 2012 09:01 [Source: ICIS news]
The company plans to run the plant at a reduced rate of 70% because of poor demand and weak profitability, the source said.
The plant can produce 240,000 tonnes/year of benzene and 700,000 tonnes/year of paraxylene (PX).
Qingdao Lidong supplies PX to downstream purified terephthalic acid (PTA) makers such as Zhejiang Yisheng Petrochemicals, Shaoxing Yuandong Petrochemicals and Xiamen Xianglu Petrochemicals.
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections