China’s Jiangsu Meilan to restart caustic soda unit on 29 July

25 July 2012 10:02  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Jiangsu Meilan plans to restart its 322,000 dry metric tonne (dmt)/year caustic soda plant at Taizhou in Jiangsu on 29 July, a company source said on Wednesday.

The plant was shut on 23 July for maintenance, the source said.

The shutdown, however, failed to lift domestic prices of liquid caustic soda given current weakness in downstream demand, market players said.

Jiangsu Meilan is not expected to run the plant at full rates once the unit restarted as the market remains bearish, a buyer said.

By: Sikee Shi

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