China's Super Chemical restarts Yancheng IPA plant after outage

25 September 2012 09:16  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Yancheng Super Chemical resumed operation at its 50,000 tonne/year isopropanol  (IPA) plant in Jiangsu province on Tuesday after a month of outage, a company source said.

The unit was shut on 26 August because of a technical glitch.  

The restart of the plant did not have any immediate impact on the domestic prices in China, ahead of the country’s National Day holiday on 1-7 October, market sources said.

High feedstock acetone prices have continued to support prices, they said.

“Super [Chemical] will take some time to rebuild their inventories,” a trader said.

Prices in east China were at yuan (CNY) 9,850-9,950/tonne ($1,561-1,577/tonne) ex-tank on 25 September, unchanged from the price level on 21 September’, Chinese sellers said.

($1 = CNY6.31)


By: Yeow Pei Lin



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