14 March 2013 07:17 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Xinjiang Tianye has achieved full operating rate at its new 30,000 tonne/year butanediol (BDO) plant at Xinjiang province, a source close to the company said on Thursday.
The producer achieved on-spec production in early December 2012 and brought the plant’s operating rate up to 90% capacity by late February this year.
The BDO plant is the first phase of the company’s 200,000 tonne/year BDO project. Xinjiang Tianye plans to start construction of the second phase, which will have a capacity of 170,000 tonnes/year, by this year, according to the source.
The company also has plans to start construction of a 200,000 tonne/year monoethylene glycol (MEG) plant by this year, the source added. The MEG plant will be located at the same site in Shihezi, Xinjiang province.
The financial details for both plants were not disclosed.
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