China's Shanghai Huayi restarts Wuwei etac, acetic acid plants

14 March 2013 06:25  [Source: ICIS news]

MELBOURNE (ICIS)--China’s Shanghai Huayi Group is restarting its 200,000 tonne/year ethyl acetate (etac) plant at Wuwei in Anhui province following two days of unplanned shutdown, a company official said on Thursday.

 The etac plant, along with the producer’s integrated 500,000 tonne/year acetic acid plant at the same site, was taken off line on 12 March to undergo minor mechanical repairs, the official said.

 Shanghai Huayi is in the process of ramping up the operating rate at both plants, the official added.

 News of Shanghai Huayi’s unscheduled shutdown, along with firmer feedstock acetic acid prices, boosted domestic etac prices in eastern China by yuan (CNY) 50/tonne ($8/tonne) week on week to CNY5,950-6,100/tonne ex-works (EXW) in eastern China.

 In addition to the Wuwei facility, Shanghai Huayi Group operates a 200,000 tonne/year etac plant at Wujing in Shanghai under the company Shanghai Wujing Chemical.

Additional reporting by Elisa Fu

($1 = CNY6.22)

By: Trisha Huang

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