04 March 2013 07:30 [Source: ICIS news]
MELBOURNE (ICIS)--China’s Jiangsu Lianhai Biological Technology plans to increase its ethyl acetate (etac) plant operating rate in March to about 50% capacity to meet an expected rise in demand, a source close to the company said on Monday.
The producer has capped the output its 100,000 tonne/year etac plant at Nantong in Jiangsu province at below 50% capacity since restarting it on 17 February because of low post-Lunar New Year operating rates in the downstream ink, paint and adhesive sectors, the source added.
Jiangsu Lianhai took its plant off line between 7 and 17 February to prevent an inventory build-up over the Lunar New Year holiday.
The Lunar New Year holiday in China fell on 9-15 February in 2013.
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