02 July 2012 08:00 [Source: ICIS news]
SINGAPORE (ICIS)--China National Petroleum Corporation (CNPC) will increase the operating rate of its 20,000 tonne/year ethylene-propylene-diene monomer (EPDM) unit to full capacity by 4 July after restarting the plant on 30 June, a source close to the company said on Monday.
CNPC shut the unit on 28 May for maintenance that took 33 days, according to the source.
EPDM supply in ?xml:namespace>
The prices of CNPC’s EPDM products were at yuan (CNY) 35,800/tonne ($5,629/tonne) on 2 July, down by CNY2,900/tonne from 28 May, according to Chemease, an ICIS service in
CNPC is the only EPDM producer in
($1 = CNY6.36)
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