Taiwan’s TPCC may trim phenol/acetone output in April ‘13

15 March 2013 04:58  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan Prosperity Chemical Corp (TPCC) may cut the operating rate at its phenol/acetone plant at Kaohsiung in April if current weak market condition continues, market sources said on Friday.

The plant, which has a phenol nameplate capacity of 360,000 tonnes/year and an acetone nameplate capacity of 220,000 tonnes/year, resumed full operations in March, a company source said.

The phenol/acetone plant’s operating rates were cut to 70-80% capacity in January and February, because of poor margins, the source added.

Trade was subdued, as demand in the major China market has yet to see a strong improvement, while the recent volatility in crude futures and upstream benzene costs have dampened buying sentiment, sources said.

By: Liu Xin
+65 6780 4359

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly