China’s Yisheng Petrochemical shuts Ningbo PTA units as planned

26 April 2013 07:12  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Yisheng Petrochemical has shut down its purified terephthalic acid (PTA) units in Ningbo as planned, a source close to the company said on Friday.

Its 650,000 tonne/year No 1 unit has been shut since mid-February. Its 650,000 tonne/year No 2 unit and 2.2m tonne/year No 3 unit was shut down on 26 April, the source added.

The No 2 unit will be restarted in early May for less than one week, while its No 3 unit will be shut for 10 days, the source added. There is no specific restart date set for the No 1 unit.

The shutdowns are not expected to have an impact on PTA supply, because Yisheng Petrochemical has some inventory left, the source said.

The company is keeping its 2m tonne/year unit in Hainan shut without a specific restart date, the source added.

By: Thompson Qian

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