China’s Befar Group restarts caustic soda plant in Shandong
19 September 2012 04:50 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>China’s Befar Group restarted its 240,000 dry metric tonne (dmt)/year caustic soda plant in Shandong province on 18 September after completing its turnaround, a company source said late on Tuesday.
Befar operates two caustic soda plants with combined capacities of 420,000 dmt/year and the maintenance at the 240,000 dmt/year plant lasted for 10 days, the company source said.
The two plants are currently running at full capacity, the source added.
Befar offered 32% liquid membrane caustic soda at yuan (CNY) 2,563/tonne ($406/tonne) EXW (ex-works) and 98.5% solid soda at CNY3,553/tonne EXW on 19 September according to Chemease, an ICIS service in China. The price dropped by CNY30/tonne for 32% liquid membrane caustic soda compared with the previous week while the price for 98.5% solid soda kept stable from the previous week.
Prices in Shandong edged downward in the week as a result of increasing supply because local chlor-alkali producers ran their plants at higher operating rates since the previous week as chlorine price rebounded.
($1 = CNY6.32)By: Staice Zuo+65 6780 4359
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