15 May 2013 05:09 [Source: ICIS news]
SINGAPORE (ICIS)--Japan’s Nissan Chemicals Industries plans to shut its 50,000 tonne/year melamine plant in Toyama prefecture for annual maintenance that will last 40 days, a company official said on Wednesday.
Nissan Chemicals is currently running the melamine plant at a high operating rate of 80% capacity to build up its inventories, so it can fulfil contractual obligations during the shutdown period, the official said.
“Spot supplies [of melamine] would be limited,” the official added.
The other major producer of non-Chinese melamine in Asia is Mitsui Chemicals, which has a 40,000 tonne/year melamine plant in Osaka.
According to market players, the supply of Japanese melamine is tight because Mitsui Chemicals’ plant has been shut since end-September last year.
However, with Mitsui Chemicals’ plant having come on stream in April this year, the impact of Nissan Chemicals’ plant shutdown would be minimised, the market players added.
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