China’s Daqing Petrochemical runs n-butanol unit at low ops
12 October 2012 05:03 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>China’s Daqing Petrochemical is running its 80,000 tonne/year n-butanol (NBA) plant located at Daqing in Heilongjiang province at low operating rate following its restart on 11 October, a company source said on Friday.
"The operating rate of the unit is low after the restart yesterday,” the source said, adding that it cannot specify the rate at present and will be increasing the rate gradually.
The unit was running at 90% of capacity before the shutdown on 30 July for scheduled maintenance, the source added.
The prices for NBA are expected to remain stable or decline slightly as the restart is likely to ease the supply in north China, a market player said.
The spot prices of NBA in north China were at yuan (CNY) 10,700-10,750/tonne ($1,704-1,712/tonne) ex-tank east China on 11 October, compared with CNY10,700-10,800/tonne on 28 September before the National Day holiday, according to data from Chemease, an ICIS service in China.
($1 = CNY6.28)By: Lina Xu+65 6780 4359
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