Sino-Salt Group Changzhou Chem cuts caustic soda plant ops by 20%

02 November 2012 09:59  [Source: ICIS news]

SINGAPORE (ICIS)--Sino-Salt Group Changzhou Chemical has cut the operating rate at its 240,000 dry metric tonne (dmt)/year caustic soda plant at Changzhou in Jiangsu by 20% on 1 November, a company source said on Friday.

The reduction is a move is to curb the production of chlorine, a by-product of caustic soda, as recent consumption for the product is lower, the source added.

The cut in the plant’s operating rate will reduce production of caustic soda in Jiangsu, which may lead to price increases, an industry source said.

Prices of caustic soda in Jiangsu are at yuan (CNY) 800-830/tonne ($128-133/tonne) on 2 November, according to a local market player.

Sino-Salt Group Changzhou Chemical, a wholly-owned subsidiary of China National Salt Industry Corporation (CNSIC), produces mainly caustic soda, liquid chlorine and polyvinyl chloride (PVC).

($1 =CNY6.24)

By: Sikee Shi

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