07 May 2013 09:33 [Source: ICIS news]
TAIPEI (ICIS)--Taiwan’s CPC Corp is likely to continue to only operate one of its three paraxylenes (PX) units at Kaohsiung for the rest of the year, a source familiar with the matter said on Tuesday.
The source did not specific which unit is being operated presently, and added that the unit is currently operating at normal rates.
“CPC is only operating one PX line because of weak market conditions in the downstream purified terephthalic acid (PTA) sectors and high feedstock mixed xylenes costs,” the source said.
The company currently has no plans for maintenance at its PX units for this year, the source added.
CPC Corp operates a 150,000 tonne/year No 1 PX unit, 250,000 tonne/year No 2 PX plant and a 260,000 tonne/year No 3 PX unit.
Additional reporting by Yu Guo
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections