23 January 2013 08:21 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Anhui Tianchen Chemical plans to shut its 60,000 tonne/year paste polyvinyl chloride (PVC) plant in Anhui province in the second half of February for maintenance, a company source said on Wednesday.
The plant will be taken off line after the Lunar New Year holiday, which falls on 9-15 February in China, and the shutdown will last 8-10 days, the source added.
However, the producer did not disclose the exact shutdown and restart dates.
The shutdown is not expected to affect the market, as the producer plans to keep the plant running during the festive holiday.
Domestic paste PVC material is offered at around yuan (CNY) 10,200/tonne ($1,608/tonne) on 23 January, according to Chemease, an ICIS service in China.
Market sources said the inventory levels of paste PVC in the Chinese domestic market are stable, with supply and demand largely balanced.
Paste PVC is used in the manufacturing of leather gloves, conveyors and toys.
($1 = CNY6.22)
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