01 March 2013 04:17 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Ningbo Heyuan Chemical has maintained an operating rate of 70% capacity at its new 500,000 tonne/year momoethylene glycol (MEG) plant in Zhejiang province this week, a company source said.
The company has been conducting a commercial trial run at the new unit since 20 January, and has achieved on-spec production on 13-14 February.
Half of Heyuan’s MEG production is currently fed into its own downstream polyester yarn units, the rest has been stored in tanks for commercial sales starting from 1 March onwards.
Heyuan operates three polyester yarn plants at Shaoxing in Zhejiang province, two smaller 200,000 tonne/year units and one larger 400,000 tonne/year plant. One of the two smaller units is currently under maintenance, the source said.
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