Taiwan's CPDC may delay Toufen capro line restart on weak demand

13 July 2012 09:58  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwanese producer China Petrochemical Development Corp (CPDC) is considering a delay in the restart of its new 100,000 tonne/year caprolactam (capro) line in Toufen because of weak demand, a company source said on Friday.

“However, exact dates are not decided yet,” the source added.

The line was shut since 15 April. Its restart date was originally scheduled for May, but was later postponed twice to late July.

The reason for the weakened sentiment for capro is largely attributed to persistently poor conditions seen in the downstream nylon yarn segment on the back of the eurozone debt worries and China’s slowing economy, market players said.

CPDC, the sole capro producer in Taiwan, also operates a 200,000 tonne/year capro plant that is currently running at full rate at the same site, the source said.

The company’s other 200,000 tonne/year line at Xiaogang is currently operating at 95%, the source added.

Additional reporting by Junie Lin

By: Angeline Zhang

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly