12 July 2013 10:15 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Yancheng Super Chemical plans to begin operating its new 100,000 tonne/year isopropanol (IPA) facility in Shandong province in August, a source close to the company said on Friday.
The Chinese producer has stepped up efforts to grow its export market ahead of the start-up of the new acetone-based unit, the source said.
The company is understood to be targeting markets mainly in southeast Asia and India.
Chinese producers are expected to become increasingly export-oriented as the growth in domestic IPA capacity has outstripped demand in recent years.
Other upcoming Chinese IPA facilities in the pipeline include an 80,000 tonne/year project owned by Chang Chun Plastics.
The Taiwanese petrochemical company is expected to start commercial production at the acetone-based unit in Liaoning province in the third quarter, market sources said.
Please visit the complete ICIS plants and projects database
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