14 December 2012 10:24 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan Prosperity Chemical Corp (TPCC) plans to shut its 40,000 tonne/year maleic anhydride (MA) plant at Kaohsiung on 24 December for regular maintenance, a slight delay from the original schedule of 20 December, a company source said on Friday.
The turnaround will still last up to 10 January, the source without providing a reason for pushing back the shutdown date.
TPCC is currently running its MA plant at 90% of capacity, the source said.
The company will build up inventory to minimise the impact on supply to customers during the plant’s shutdown, the source said.
The shutdown is scheduled at a time of low demand, to minimise impact on the market’s demand-supply balance, the source said.
However, the pre-stock volume will be limited as TPCC will try to keep its year-end inventory lean.
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