China’s Nanjing Bluestar shuts BDO, MA units on weak demand

23 November 2012 04:20  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Nanjing Bluestar New Chemical Materials shut its 55,000 tonne/year butanediol (BDO) unit and 50,000 tonne/year maleic anhydride (MA) unit at Nanjing in Jiangsu province in the week because of weak demand, a company source said on Friday.

The company declined to specify the shutdown date, but said it has suffered losses as a result of weak demand.

Both BDO and MA units of the company were operating at a low run rate of 30% capacity before the shutdown, the source added.

The company has no plan to restart the unit before the Lunar New Year holiday in February next year, the company source said.

By: Zoe Zhou

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