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.
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