China’s Jiangsu Sanmu to shut epoxy resins plant on 9-15 February

29 January 2013 08:11  [Source: ICIS news]

SINGAPORE (ICIS)--Jiangsu Sanmu Group plans to shut its 220,000 tonne/year epoxy resins plant in eastern China during the Lunar New Year holiday on 9-15 February, a company source said on Tuesday.

The plant in Jiangsu province is currently operating at around 60% of capacity to build up inventory, the source said.

Jiangsu Sanmu has sufficient inventory to continue supplying to its customers amid slow demand during the holiday period, the source said.

Sales of epoxy resins in China are showing signs of slowing down as the Lunar New Year draws near, the source said.

By: Hazel Goh

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