24 January 2013 08:03 [Source: ICIS news]
MELBOURNE (ICIS)--Taiwan Prosperity Chemical Corp (TPCC) is capping the operating rate at its phenol/acetone plant at Kaohsiung at 70% capacity in January because of weak margins, a company source said on Thursday.
The plant, which has a phenol nameplate capacity of 360,000 tonnes/year and an acetone nameplate capacity of 220,000 tonnes/year, was restarted on 10 January following a turnaround.
The producer shut its downstream bisphenol A (BPA) plant at the same site on 1 November in response to unfavourable market conditions.
TPCC's BPA plant is expected to remain off line until late February.
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