China's Yisheng keeps Hainan PTA plant shut until end-February

25 January 2013 08:26  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Yisheng Petrochemical plans to keep its 2m tonne/year purified terephthalic acid (PTA) unit in Hainan province shut until end-February because of poor market conditions, a source close to the company said.

The unit was shut on 20-21 January, the source said.

Prior to the shutdown, the company was operating the unit at 30% of capacity after achieving on-spec production in early January.

Yisheng has meanwhile raised operating rates at its new 3.3m tonne/year Dalian PTA unit in Liaoning province to 50% of capacity from 30% since mid-January, the source added.

The 3.3m tonne/year new Dalian PTA unit achieved on-spec production in end-December.

By: Becky Zhang
+65 6780 4359

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