17 September 2013 03:59 [Source: ICIS news]
SINGAPORE (ICIS)--Jiangsu Sopo’s 600,000 tonne/year acetic acid plant at Zhenjiang in the Jiangsu province of China is currently shut as the unit ran into mechanical troubles over the weekend, a company official said on Tuesday.
“The plant was shut late on 14 September because of equipment issues but we expect to restart operations by this afternoon,” the official said.
Prior to the outage, the plant was producing acetic acid at a daily rate of 1,800 tonnes, he said.
The acetic acid plant was initially slated for maintenance lasting 5-10 days in the second half of September, but the exact dates have yet to be finalised, the official said.
Jiangsu Sopo’s plant outage, coupled with production issues at a couple of other plants in Shandong and Hebei provinces last week tightened acetic acid supply in the Chinese market.
Hebei Yingdu Gasification had a three-day maintenance at its 500,000 tonne/year acetic acid plant at Xingtai city, Hebei province from 9 September, according to sources close to the company.
Shandong Hualu Hengsheng’s 500,000 tonne/year acetic acid plant in Dezhou, Shandong province, meanwhile, also suffered an outage from 12-15 September, sources close to the company said.
In view of these production hiccups, suppliers raised their offers by yuan (CNY) 50-100/tonne ($8-16/tonne) this week to CNY2,950-3,000/tonne ex-tank in the Jiangsu province, market players said.
Major acetic acid producers in China include Celanese, BP, Shanghai Wujing, Shanghai (Anhui) Huayi Group, Yankuang Cathay Coal Chemicals and Henan ShunDa Chemical.
($1 = CNY6.12)
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