22 May 2012 08:44 [Source: ICIS news]
MELBOURNE (ICIS)--China’s Jilin Petrochemical expects to lose around 1,000 tonnes of methyl isobutyl ketone (MIBK) from a plant maintenance shutdown that will start on 23 May, a company source said on Tuesday.
The company’s 15,000 tonne/year MIBK line at Jilin in northeastern China is scheduled to resume production on around 3 July after undergoing major maintenance works, the source added.
“Our shutdown should not have much impact on MIBK prices, as we will continue to supply MIBK to our customers from [our] existing inventories,” the source added.
Jilin Petrochemical carries out a major plant overhaul every four years.
The producer’s other 15,000 tonne/year plant at the same site has been largely idle since September 2008, partly because of poor economics.
MIBK, which is derived from acetone, is used mainly as a solvent for industrial paints and thinners and in the production of rubber chemicals.
Other MIBK makers in China include Ningbo Zhenyang and LCY Chemical.
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