28 January 2014 06:46 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan Prosperity Chemical Corp (TPCC) is expected to restart its 100,000 tonne/year bisphenol A (BPA) plant in Linyuan around mid-March, sources close to company said on Tuesday.
It was believed that initially that the problem was minor and that the plant can be restarted after the Lunar New Year holidays in February, but now it appears that the issue was more severe and the restart is likely to be around mid-March, according to the sources.
This latest setback is likely to only impact customers who procure BPA from TPCC on a regular basis rather than the spot BPA market, because TPCC has not been active in the spot market recently since its unit was not running at high rates, some market sources said.
Prior to shutdown, the BPA plant was only running at about 40% of capacity to cater to the needs of the company’s regular customers, because of bearish market conditions in the spot BPA market.
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