07 December 2012 03:04 [Source: ICIS news]
MELBOURNE (ICIS)--Taiwan Prosperity Chemical Corp (TPCC) cut the operating rate at its phenol/acetone plant at Kaohsiung further to 80% capacity in December because of poor margins, a company source said on Friday.
The plant will be taken off line on 24 December for three weeks of annual maintenance.
Operating rate at the plant, which has a nameplate capacity of 360,000 tonnes/year of phenol and 220,000 tonnes/year of acetone, was reduced to 85-90% capacity in November.
The producer shut its downstream bisphenol A (BPA) plant at the same site on 1 November in response to unfavourable market conditions.
The BPA plant is expected to remain off line until mid-January 2013.
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