China's Yancheng Super Chem to restart IPA unit by 26 May

24 May 2013 09:27  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Yancheng Super Chemical is planning to restart its 50,000 tonne/year isopropanol (IPA) unit in Jiangsu province by 26 May, a source close to the company.

The plant was shut on 13 May for maintenance, the source said.

Chinese sources said domestic supplies were limited because of maintenance shutdowns at a few facilities.

Weak economics have also resulted in several Chinese producers having to lower or halt their operations.

The reduced production, however, was offset by weak downstream demand.

Prices in east China were assessed at yuan (CNY) 9,250-9,400/tonne ($1,507-1,531/tonne) ex-tank on 24 May, unchanged from prices in the previous week, according to Chemease, an ICIS service in China.

($1 = CNY6.14)

By: Yeow Pei Lin

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