10 December 2013 10:56 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Honghe Chemical is keeping its 100,000 tonne/year chloromethane unit shut until further notice, due to a shortage of raw material chlorine, a company source said on Tuesday.
“We do not have chlorine supply from the shutdown of the caustic soda unit since September,” the source said.
“We might do a review on restarting it after the annual maintenance of all units in the first quarter 2014.”
The plant produces methylene chloride, methylene trichloride, and chlorofoam.
The caustic soda business has not been faring well, hence lending to the company’s decision to shut the plant indefinitely.
Methylene chloride spot prices for the month of December were assessed at $580-600/tonne (€423-438/tonne) FOB (free on board) China, up by $40-60/tonne according to ICIS.
($1 = €0.73)
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