06 June 2013 06:24 [Source: ICIS news]
SINGAPORE (ICIS)--DSM Nanjing Chemical Co’s (DNCC) caprolactam production in China will fall by a third on shortage of hydrogen feedstock, a company source said on Thursday.
Its 200,000 tonne/year capro plant lost part of its feedstock supply on 31 May, with the shutdown of Yangzi Petrochemical’s hydrogen plants for routine maintenance, which is expected to last about 39 days, the source said.
Capro production loss is estimated at 6,000 tonnes for the month of June, the DNCC source said.
DNCC has published its June contract offer price at yuan (CNY) 18,600/tonne ($3,034/tonne) on 1 June, up by CNY300/tonne from end-May, market sources said.
Tight supply in the domestic capro market in China may push June contract prices higher, they said.
($1 = CNY6.13)
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