29 November 2012 08:39 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Zibo Qixiang Tengda Chemical restarted its 70,000 tonne/year methyl ethyl ketone (MEK) plant in Zibo, Shandong province, on 28 November, after completing a two-week shutdown to facilitate a catalyst change, a company source said on Thursday.
“We should have product out by Friday,” the source said.
The plant has two lines with capacities of 30,000 tonnes/year and 40,000 tonnes/year.
Separately, another Chinese producer Lanzhou Petrochemical resumed production at its 30,000 tonne/year MEK plant in Gansu province early this week following more than a month of maintenance.
Rising domestic supply has dampened the sentiment of Chinese traders who expect their sales to weaken next month, in line with the year-end lull.
MEK prices in east China were at yuan (CNY) 8,750-8,900/tonne ($1,407-1,430/tonne) ex-tank on 29 November, up by CNY50/tonne at the low end of the range from the previous week, according to Chemease, an ICIS service in China.
($1 = CNY6.22)
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