14 November 2012 05:17 [Source: ICIS news]
NAGOYA (ICIS)--Taiwanese producer China Petrochemical Development Corp (CPDC) is likely to delay the start-up of its new 100,000 tonne/year caprolactam (capro) line at Toufen until February 2013, an industry source said on Wednesday.
The plant in Miaoli County, Taiwan, is currently undergoing test runs, a company source said, but added that a commercial start-up date has not yet been set.
Test runs at the capro plant started in late September, but the unit has been running at reduced rates of 30-40% because of mechanical problems, the source said.
Weak capro prices against high feedstock ammonia costs are also discouraging the producer to start running the plant at full rates, the source added.
CPDC – the sole capro producer in Taiwan – has a 100,000 tonne/year capro line in Toufen that is currently running at around 90% of capacity; and a 200,000 tonne/year line at Kaohsiung that is operating at similar rates, the source said.
The company plans to increase domestic capro supply to key downstream nylon producers, and also hopes to export spot cargoes to China, once the new plant comes on stream.
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