13 September 2013 08:53 [Source: ICIS news]
MELBOURNE (ICIS)--China’s Jiangsu Lianhai Biological Technology has cut the operating rate at its 300,000 tonne/year ethyl acetate (etac) plant to 50% capacity because of unfavourable economics, a source close to the company said on Friday.
The producer lowered its plant operating rate on 12 September from about 70% capacity previously, the source said.
China, with a nameplate capacity of about 3m tonnes/year, is the world’s largest producer and exporter of etac.
Other major etac makers in China include Jiangsu Sopo, Wuxi Baichuan Chemical Industrial, Shandong Jinyimeng, Jiangmen Handsome Chemical Development and Shanghai Huayi Group.
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