APIC ’13: Taiwan’s CPC may offer first selling MX tender of 2013

09 May 2013 05:04  [Source: ICIS news]

TAIPEI (ICIS)--Taiwan’s state-owned CPC Corp may offer its first mixed xylenes (MX) tender in the first-half of the year following the restart of its No 3 aromatics unit in Linyuan earlier this week, a company source said on Thursday.

Its No 3 aromatics unit has a nameplate capacity of 36,000 tonnes/year benzene, 115,000 tonnes/year toluene and 135,000 tonnes/year of MX.

“As CPC is still currently running one PX [paraxylene] line with no plans to ramp up the current operating rates because of the poor domestic demand, excess MX will be sold to the spot market on a tender basis,” the source added.

The last MX tender issued by CPC Corp was to purchase 9,000 tonnes of isomer-grade xylene early in January.

Asia Petrochemical Industry Conference (APIC) is being held in Taipei on 9-10 May.


By: Hazel Kumari
+65 6780 4327



AddThis Social Bookmark Button

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.

Printer Friendly

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