08 October 2013 09:23 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Siping Haohua Chemical shut its 200,000 tonne/year polyvinyl chloride (PVC) plant at Siping in Jilin province on 7 October for maintenance, a company source said on Tuesday.
The turnaround would last a week, the source said, adding that the PVC plant was running at 40-50% capacity before it was taken off line.
PVC offers from the producer were heard at yuan (CNY) 6,600/tonne ($1,078/tonne) EXW (ex-works) by acceptance on 7 October, according to Chemease, an ICIS service in China.
The ongoing plant maintenance would have limited impact on the domestic PVC market, as supply in China’s northeast region is deemed sufficient, the source said.
The PVC plant used to have a nameplate capacity of 250,000 tonnes/year, but the source said Siping Haohua Chemical has closed 50,000 tonnes/year of its capacity permamently, without elaborating further.
($1 = CNY6.12)
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections