26 November 2012 07:16 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Yongjin Chemical plans to start up its third 200,000 tonnes/year coal-based monoethylene glycol (MEG) plant at Anyang, Henan province, at the end of November, a company source said on Monday.
Yongjin Chemical operates two other 200,000 tonne/year MEG plants, located separately in Xinxiang and Puyang, Henan province, the source added.
As the rate of the expansion of traditional ethylene-based MEG capacities is slow in the recent years, some coal-based MEG capacities are increasing gradually. However, technical bottlenecks remain, a market source said.
Coal-based MEG products are only used in unsaturated polyester resins (UPR) and antifreeze solution fields as the quality is not high enough to be used in the polyester sector, which is the biggest downstream of MEG, the market source added.
The company is a 50:50 joint venture between Henan Coal Chemical Industry Group and Tongliao GEM Chemical.
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