28 October 2013 09:08 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan's state-owned CPC Corp plans to shut its No 2 toluene disproportionation (TDP) unit and paraxylene (PX) plant in Kaohsiung at the end of October, a company source said on Monday.
The affected 250,000 tonne/year PX unit will also be shut in tandem with the upstream No 2 TDP unit because of weak feedstock mixed xylenes and PX spread, the source said.
“The scheduled turnaround will last for 10-20 days,” he said.
At the same site, the No 1 TDP facility was shut from early October after running for a month, he said.
The company’s No 1 and No 2 TDP facilities have a combined benzene capacity of 170,000 tonnes/year, the source said.
CPC's other two PX units, with nameplate capacities of 150,000 tonnes/year and 260,000 tonnes/year, have been shut since the start of the year because of the weak spread, the source added.
On 25 October, the difference between isomer-grade xylene and PX stood at $214-227/tonne €154-163/tonne), according to ICIS data
The minimum break-even point for the production of PX stands at around $230/tonne and above, according to several market participants.
Additional reporting by Samuel Wong
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