China’s Jiangsu Sopo continues to run etac plant at low rates

07 September 2012 04:19  [Source: ICIS news]

MELBOURNE (ICIS)--China’s Jiangsu Sopo Chemical continues to operate its 500,000 tonne/year ethyl acetate (etac) plant at Zhenjiang in Jiangsu province at a reduced rate of 50-60% because of tight feedstock supply, a company source said on Friday.

The company is unable to raise its etac plant operating rate because of ongoing difficulty in securing sufficient feedstock ethanol, the supply of which has been curbed by increased costs of raw materials corn and tapioca, along with the costs of other food crops, the source said.

“It is unclear for how much longer the ethanol supply shortage will continue,” said the source.

Unstable operations at its integrated acetic acid plant in recent weeks, as well as its acetic acid export sales commitments, have worsened the overall feedstock supply shortage for etac, the source added.

Jiangsu Sopo operates two acetic acid plants with combined capacities of 1m tonnes/year, as well as a 500,000 tonne/year methanol plant, at the same site in Zhenjiang.

By: Trisha Huang

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

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index