30 May 2012 10:22 [Source: ICIS news]
SINGAPORE (ICIS)--China-based Xingda Group’s 180,000 tonne/year expandable polystyrene (EPS) plant in Huizhou may remain shut for nearly one month after it was shut because of a fire at one of its two styrene monomer (SM) tanks on 28 May, market sources said on Wednesday.
A company source confirmed that the plant, named Huizhou Xingda Petrochemical Industrial, remained shut on Wednesday after Monday's accident. However, the company has not confirmed the duration of the shutdown.
The plant produces more than 10,000 tonnes of EPS resins per month and the sudden shutdown will lead to tighter supply in south ?xml:namespace>
Some EPS producers have raised their operating rates to cover the supply shortage. Loyal Group has increased production at its 450,000 tonne/year EPS plant in south
Taita Chemical is running its 200,000 tonne/year EPS plant in south
($1 = CNY6.34)
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