30 October 2013 07:27 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Shandong Jianlan Chemical will restart its 70,000 tonne/year oxo-alcohols unit at Zibo in Shandong province in the weekend of 2-3 November, a company source said on Wednesday.
The unit was shut down on 11 September for planned maintenance, the source said.
Prior to the shutdown, the 70,000 tonne/year oxo-alcohols unit was producing n-butanol (NBA).
However, the company plans to produce 2-ethylhexanol (2-EH) instead after the restart because of poor demand from the NBA’s end-users, the source said.
Separately, the company restarted its 140,000 tonne/year 2-EH plant at the same site on 25 October, which was taken off line from 24 September for a turnaround, the source added.
Domestic 2-EH prices are likely to decline because of increasing supply resulted from the restarts, a market player said.
Chinese domestic 2-EH prices were assessed at yuan (CNY) 10,300-10,350/tonne ($1,691-1,700/tonne) ex-tank east China on 29 October, down by CNY100/tonne compared with the prices on 25 October, according to Chemease, an ICIS service in China.
($1 = CNY6.09)
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