28 May 2012 09:28 [Source: ICIS news]
SINGAPORE (ICIS)--China National Petroleum Corporation (CNPC) shut down its 20,000 tonne/year ethylene-propylene-diene monomer (EPDM) unit on Monday, a day earlier than the 29 May schedule, a source close to the company said.
The shutdown will last 30 days, the source said.
CNPC is offering EPDM at yuan (CNY) 38,700/tonne ($6,094/tonne) on 28 May, the source said.
The company is the sole EPDM producer in ?xml:namespace>
($1 = CNY6.35)
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