02 May 2013 09:54 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s CPC Shell Lubricants is planning to shut its 250,000 tonne/year base oils plant at Kaohsiung in June for regular maintenance, a company source said on Thursday.
The company will not have spot supply available for China this month because it needs to build up its inventories ahead of the June turnaround, which is expected to last around one month, according to the source.
However, the shutdown would not have a significant impact on the China market, as the company seldom delivers spot cargoes to China.
Its contract supply to China – approximately 5,000 tonnes for June – would not be affected, added the source.
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