25 March 2013 02:04 [Source: ICIS news]
SAN ANTONIO, Texas (ICIS)--Japan's Sumitomo Chemical is running its 180,000 tonne/year caprolactam plant in Ehime prefecture at a reduced capacity of 70-75%, a company source said on Sunday.
"The supply-demand balance has deteriorated," the source said on the sidelines of the International Petrochemical Conference (IPC).
Sumitomo Chemical exports about 85% of its caprolactam production to China and Taiwan, while the balance is sold in the domestic market, the source said.
The plant is due for more than a month of turnaround from October, the source said.
Hosted by the American Fuel & Petrochemical Manufacturers (AFPM), the IPC continues through Tuesday.
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