25 February 2013 06:17 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Xinjiang Tianye has raised its operating rate of its 30,000 tonne/year butanediol (BDO) plant at Xinjiang province to 90% recently, a company source said on Monday.
The company had been operating the BDO unit at 50% of capacity after its start-up in December 2012, according to the source.
With the increased output, the company will be able to sell its BDO product to other regions in addition to Xinjiang, the source added.
However, the increased BDO output from Xinjiang Tianye has limited impact on the spot market, given its small capacity, a market source said.
The 30,000 tonne/year BDO plant is the first phase of the company’s 200,000 tonnes/year BDO project, and the company source did not disclose other details of the whole project.
Additional reporting by Caroline Zhang
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