05 November 2013 10:47 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Wanhua Chemical Group plans to shut one of its two 450,000 tonne/year polymeric methylene di-isocyanate (PMDI) plants at Ningbo in early December for annual maintenance, a company source said on Tuesday.
The plant in Zhejiang province will remain shut for 14 days, the source said.
Wanhua Chemical Group is one of the largest methylene di-isocyanate (MDI) manufacturers in the Asia-Pacific region, specialising in the production and sales of MDI and related products, such as polyether polyols.
The company sells its products through subsidiaries in Japan, the US, Europe, Hong Kong, Russia, Dubai and India.
The scheduled shutdown of the Ningbo-based plant will have little impact on PMDI and polyether polyols supply, according to some market players, while others expect it to influence the prices of the products.
PMDI is used with rigid polyols to form rigid or rebounded foam in system houses for construction applications such as insulation and sandwich panels.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections