China's Jiangmen Handsome continues to cap south China etac output

12 September 2012 07:59  [Source: ICIS news]

MELBOURNE (ICIS)--China’s Jiangmen Handsome Chemical Development continues to run its ethyl acetate (etac) output in southern China at about 80% of capacity because of limited supply of feedstock ethanol, a company source said on Wednesday.

The company switched an etac line at its 320,000 tonne/year etac/butyl acetate (butac) swing plant at Jiangmen in Guangdong province to normal propyl acetate (NPAC) production during the week ended 24 August in a bid to reduce its total ethanol consumption.

“Availability of ethanol continues to be quite limited, so we will keep etac output at the reduced level for a little longer,” the source added.

Ethanol is used in combination with acetic acid for etac production.

The company increased its domestic offer for etac by yuan (CNY) 200/tonne ($32/tonne) to CNY7,000/tonne ex-works (EXW) in southern China 12 September, in line with firm feedstock costs.

Jiangmen Handsome has a 60,000 tonne/year butac plant at Huizhou in Guangdong province in southern China, in addition to the swing plant at Jiangmen.

In eastern China, the company operates a facility at Taixing in Jiangsu province that can produce 120,000 tonnes/year of etac and 60,000 tonnes/year of butac.

($1 =  CNY 6.34)

By: Trisha Huang

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