18 October 2012 10:53 [Source: ICIS news]
SINGAPORE (ICIS)--China-based Hebei Tangshan Alkali Chloride from Tangshan Sanyou Group plans to restart its 300,000 tonne/year polyvinyl chloride (PVC) unit at ?xml:namespace>
The company was running the plant at 80% of capacity before the plant was shut on 16 October, according to the source.
The shutdown will have little impact on the local spot market as the duration is short, a trader said.
The producer last quoted PVC prices at yuan (CNY) 6,500/tonne ($1,038/tonne) EXW (ex-works) on 16 October, according to the company source.
The company also operates a 100,000 tonne/year PVC at the same site, which was started up in March this year, the source added.
($1 = CNY6.26)
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