26 March 2013 08:51 [Source: ICIS news]
MELBOURNE (ICIS)--China’s Jilin Petrochemical plans to restart an idled 15,000 tonne/year methyl isobutyl ketone (MIBK) line in Jilin in the second quarter of this year, a company source said on Tuesday.
Jilin Petrochemical has been running only one of its two MIBK lines of the same size. Its second plant has been mostly idle since September 2008 due to unfavourable economics.
The producer's decision to restart the second MIBK line was prompted by its expectation that demand for MIBK from the key downstream rubber chemical additives sector will grow in 2013, the source said.
During 2012, capacity expansions undertaken by downstream antiozonant producers boosted China’s capacity by roughly 100,000 tonnes/year, the source said.
That translates into an additional 40,000 tonnes/year of demand for raw material MIBK at full capacity utilisation.
An antiozonant is a rubber chemical additive that prevents the degradation of material caused by ozone.
However, it remains to be seen whether the additional rubber chemical additives capacities can be fully absorbed by the downstream tyre sector, the source added.
Other MIBK makers in China include Taizhou Petrochemical, Ningbo Zhenyang, Zhenjiang LCY General Chemical and Zhejiang Xinhua.
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