China’s Inner Mongolia Chenghongli Chem restarts PVC plant

20 March 2013 08:59  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Inner Mongolia Chenghongli Chemical Industry restarted its 50,000 tonne/year polyvinyl chloride (PVC) plant in Inner Mongolia on 19 March, a company source said on Wednesday.

“The plant was shut down on 13 December 2012,” the source said. “We plan to run the plant at full rate soon.”

Spot PVC prices in northwest China were assessed at yuan (CNY) 5,950-6,080/tonne ($957-977/tonne) EXW (ex-works) on 20 March, according to Chemease, an ICIS service in China.

The restart of the plant may not affect the local PVC market because its capacity is small, a local PVC player said.

($1 = CNY6.22)

By: Cookie Han

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