24 April 2013 05:37 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Sichuan Vinylon Works has raised the operating rates both of its No.1 and No.2 vinyl acetate monomer (VAM) units at Chongqing with capacities of 200,000 tonnes/year and 300,000 tonnes/year respectively to 60% of capacity, a company official said on Wednesday.
The two units were previously operating at 50% capacity because of the lack of feedstock natural gas, the company source said.
Meanwhile, both the downstream 160,000 tonne/year polyvinyl alcohol (PVOH) plant and the 60,000 tonne/year vinyl acetate ethylene (VAE) plant at the same site are running at full capacity, added the source.
The increase of the operating rates has a minimal impact on the domestic VAM market, some market sources said.
Sichuan Vinylon Works is a subsidiary of China’s petrochemical major Sinopec.
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