China’s Shanghai Chlor-Alkali keeps PVC plant shut in August

10 August 2012 09:12  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Shanghai Chlor-Alkali Co (SCAC) will continue to keep its 370,000 tonnes/year polyvinyl chloride (PVC) plant located in Caojing shut for the whole of August because of a lack of feedstock ethylene, a source close to the company said on Friday.

The plant was running at 30-40% capacity before its shutdown in late July and will restart in September after the company has replenished its feedstock ethylene inventory from the stock market, the source added.

The company offered its remaining PVC cargoes at yuan (CNY) 7,200-7,300/tonne ($1,132-1,148/tonne) EXW (ex-works) on 1 August, according to Chemease, an ICIS service in China.

Shanghai Chlor-Alkali, a major Chinese integrated vinyl producer, has a 720,000 tonnes/year feedstock ethylene dichloride (EDC) plant and a 720,000 tonnes/year caustic soda plant at the same location. It also has a 150,000 tonnes/year caustic soda plant located at Wujing.

($1 = CNY6.36)

By: Stephanie Zhang

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