Taiwan’s Nan Ya Plastics restarts 2-EH plant at Mailiao

30 November 2012 03:23  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Nan Ya Plastics restarted its 200,000 tonne/year 2-ethylhexanol (2-EH) plant at Mailiao early this week after completing a turnaround from mid-September, a company source said on Friday.

The company’s 400,000 tonne/year dioctyl phthalate (DOP) has remained in operation while the 2-EH plant was shut, the source said, without disclosing the current run rates of the facilities.

 “We have not yet offered [2-EH and DOP] to the spot market for December shipments, but we expect to do that by next week after evaluation of the current market conditions,” the source added.

On 23 November, prices of 2-EH subjected to import duty fell by $30-50/tonne (€23-39/tonne) week on week to $1,570-1,600/tonne CFR (cost and freight) East Asia, while those of DOP slipped by $10-40/tonne over the same period to $1,750-1,780/tonne CFR East Asia, according to ICIS data.

($1 = €0.77)

By: Samuel Wong

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