20 September 2012 11:54 [Source: ICIS news]
SINGAPORE (ICIS)--Japan’s Taiyo Vinyl is operating its polyvinyl chloride (PVC) facilities at reduced rates because of a shortage of feedstock vinyl chloride monomer (VCM), a company source said on Thursday.
The source said the 310,000 tonne/year plant at Yokkaichi is operating at above 70% of capacity, without providing an exact figure, while its 150,000 tonne/year plant at Osaka is running at around 25% of capacity.
Its 100,000 tonne/year PVC unit in China is running at about 80-100% of capacity, the source added.
Taiyo Vinyl obtains its feedstock VCM from Tosoh Corp.
A maintenance turnaround began at Tosoh’s 400,000 tonne/year No 3 VCM unit at Nanyo on 31 August. This is scheduled to last for around 40 days and has caused VCM supply to tighten.
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.
|ICIS news FREE TRIAL|
|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|
Asian Chemical Connections