10 January 2013 08:31 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s Dairen Chemical Corporation is expected to start up its new 350,000 tonne/year vinyl acetate monomer (VAM) plant in Singapore within the second quarter, market sources said on Thursday.
“We heard the construction may be completed in April and commercial production may begin in June or July,” an Indonesia-based buyer said.
Several other sources in Indonesia and Thailand confirmed the information, adding that Dairen Chemical’s VAM plant in Jurong Island will be operational either in May or June.
Dairen Chemical officials declined comment on the issue.
The company is a joint venture between Taiwanese firms Chang Chun Group (Chang Chun Petrochemical and Chang Chun Plastics) and Nan Pao Resins.
Dairen Chemical operates two other VAM plants in Mailiao, Taiwan, with a combined production capacity of 650,000 tonnes/year.
VAM is an active, colorless and liquid-phase chemical with applications in adhesives, coatings and emulsions.
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