China’s Inner Mongolia Yihua Chemical restarts PVC plant
30 May 2012 09:28 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>China’s Inner Mongolia Yihua Chemical, a subsidiary of Hubei Yihua Group, has restarted its 380,000 tonne/year polyvinyl chloride (PVC) plant in Inner Mongolia on 29 May after the plant was shut following an explosion on 25 May, a company source said on Wednesday.
“The explosion had not caused any casualties,” the source said without revealing further details.
The producer sold PVC products during the turnaround at yuan (CNY) 6,550/tonne ($1,031/tonne) EXW (ex-works) in east China on 30 May, according to Chemease, an ICIS service in China.
Spot PVC prices in east China were assessed at CNY6,500-6,550/tonne EXW on 30 May, data from Chemease showed.
($1 = CNY6.35)By: Cookie Han
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