China’s SP Chemical shuts Taixing aniline unit on technical issues

29 August 2012 10:29  [Source: ICIS news]

SINGAPORE (ICIS)--China’s SP Chemical has shut its 50,000 tonne/year aniline unit at Taixing in Jiangsu province on 28 August for unplanned maintenance because of technical issues, a company source said on Wednesday.

The plant is expected to restart on 3 September, the source added.

The unit was running at 100% capacity prior to the shutdown, according to the source.

The shutdown will lead to a decline in aniline supply in the eastern China market, but has little impact on the market price amid weak downstream demand, a trader said.

Aniline prices were heard at yuan (CNY) 10,800-11,100/tonne ($1,701-1,748/tonne) EXW (ex-works) eastern china on 29 Aug, unchanged from the assessed prices of 28 August, according to Chemease, an ICIS service in China.

The company also has a 90,000 tonne/year aniline unit at the same site, which was shut since June last year.

($1 = CNY6.35)

By: Tracy Huang

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