China’s Yancheng Super Chemical to restart IPA unit this weekend
20 September 2012 10:44 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>China’s Yancheng Super Chemical plans to restart its 50,000 tonne/year isopropanol (IPA) unit at Yancheng in Jiangsu province this weekend, a company source said on Thursday.
The unit was shut on 26 August because of an equipment problem, he added.
Supply of IPA will increase but prices may not drop because of strong feedstock acetone prices, which were at yuan (CNY) 8,300/tonne ($1,315/tonne) ex-tank in east China on 20 September, the source said.
Prices for IPA were assessed at CNY9,850-9,900/tonne ex-tank in east China on 20 September, up by CNY150/tonne from 13 September, according to Chemease, an ICIS service in China.
($1 = CNY6.31)By: Monica Cai
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