22 March 2013 05:19 [Source: ICIS news]
SINGAPORE (ICIS)--Production of polyvinyl chloride (PVC) in India resumed to full capacity as regional producers restarted production this week following availability of feedstock vinyl chloride monomer (VCM), market sources said on Friday.
The arrival of VCM cargoes in mid-March enabled the producers to recommence production, after a critical shortage of the feedstock led to all regional producers undertaking short-duration turnarounds in later February and early March.
India's Finolex Industries Ltd (FIL) that operates a 130,000 tonne VCM-based PVC plant in Ratnagiri, Maharashtra, started up its unit late on Monday and is running at full capacity since 19-20 March, a source close to the company said on Friday.
The unit was shut on 4 March following a shortage of VCM supply, which led the producer to undertake the turnaround, the source added.
Reliance Industries Ltd (RIL) was also heard to have started up operations at its PVC facility in Hazira, Gujarat, early this week and is operating at 100% capacity, market sources said, although company officials could not be immediately reached for confirmation.
RIL had initially planned a turnaround at this 360,000 tonne/year unit for 10 March, but advanced it to 4 March because of a shortage in its VCM availability, and was scheduled to restart operations on 15 March.
A third PVC facility, Chemplast Sanmar Ltd’s 221,000 tonne/year polyvinyl chloride (PVC) plant at Cuddalore in Tamil Nadu, India, is currently operating at 100% of capacity after it was restarted on 10 March, a company source said.
The maintenance turnaround at the plant started on 6 March, after a shortage in feedstock VCM supply drove the producer to schedule the turnaround.
The fourth PVC producer in the country, DCW Ltd recommenced operations at its 90,000 tonne/year PVC facility in Sahupuram, Tamil Nadu in the week of 8 March after shutting its VCM-based PVC manufacturing plant in the last week of February, market sources said.
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