13 December 2012 07:23 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Tongliao GEM Chemical has achieved premium-grade product from its 200,000 tonne/year monoethylene glycol (MEG) plant in Inner Mongolia following a technology upgrade, its parent firm Danhua Chemical Technology said in a statement on Thursday.
The operating rate of the MEG plant is currently kept at 85% capacity, as a result of the upgrade, according to the statement filed with the Shanghai Stock Exchange (SSE).
Tongliao GEM Chemical has never produced high-quality material since the MEG plant was started up in 2010, an industry source said, but added that the plant was running at around 80% capacity previously.
The producer's MEG plant was the first unit in China to use coal as a feedstock for producing MEG.
Tongliao GEM Chemical is a subsidiary under Danhua Chemical Technology.
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