07 February 2013 06:19 [Source: ICIS news]
MELBOURNE (ICIS)--China’s Rizhao Jiahong Biological Technology plans to continue running its 100,000 tonne/year ethyl acetate (etac) plant at 40% of capacity over the Lunar New Year holiday, a company source said on Thursday.
The measure will avert an inventory build-up over the holiday period, the source said.
Rizhao Jiahong has been running its etac plant at 40% of capacity since 30 January, when the unit was restarted following repairs.
"We will review our plant operating rate after the [Lunar New Year] holiday, depending on the market situation," the source said.
The Lunar New Year holiday in China falls on 9-15 February in 2013.
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