S Korea's Honam China ethanolamines unit shut; to restart 8-9 Dec

05 December 2012 04:54  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Honam Petrochemical plans to restart its 50,000 tonne/year ethanolamines plant in China’s Zhejiang province on 8-9 December after a 10-day maintenance, a company source said on Wednesday.

The plant at Jiaxing was shut at the end of November for minor repairs of its utility facilities, according to the source, adding that unfavourable market conditions were taken into consideration in the plant’s shutdown.

China’s diethanolamines (DEA) prices fell to yuan (CNY) 11,600-12,100/tonne ($1,862-1,942/tonne) ex-warehouse on 5 December, down by CNY1,100-1,300/tonne or 8-10% from mid-November, according to ICIS.

($1 = CNY6.23)

By: Becky Zhang
+65 6780 4359

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