28 December 2012 09:26 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Shandong Hualu-Hengsheng Chemical is running its 60,000 tonne/year cyclohexanone unit at Dezhou in Shandong province at 50% of capacity, a company source said on Friday.
The company has two 60,000 tonne/year cyclohexanone units with an average operating rate of 90% since they started up in the first half of this year, the source added.
The producer shut down the two cyclohexanone units on 17 December because of some technical issues, the source added.
“We restarted one 60,000 tonne/year cyclohexanone unit on 24 December, while the other one was still under outage in light of short feedstock benzene and soft demand in the domestic market,” the source said.
The supply decline has little impact on the domestic market as its output is mainly supplied to produce adipic acid for captive use, according to the source.
Cyclohexanone prices were at yuan (CNY) 13,000/tonne ($2,083/tonne) ex-works (EXW) north China on 28 December, unchanged from prices on 17 December, according to Chemease, an ICIS service in China.
($1 = CNY6.24)
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