26 February 2014 07:49 [Source: ICIS news]
SINGAPORE (ICIS)--China Petrochemical Development Corporation (CPDC) will be carrying out a maintenance at their caprolactam plant in Toufen in mid-April for around 15-20 days, a company official said on Wednesday.
The 100,000tonne/year capro plant is currently operating at close to full capacity, said the company official.
The company also has a 200,000tonne/year capro plant in Xiaogang, which is operating at 50% capacity due to technical issues and will be shut for 1-2 weeks maintenance by the end of March.
The 10,000-13,000 tonnes loss in production supply to the market in the near term will possibly lend support to the weak capro market, the source added.
Trades for the capro market in the recent weeks have been subdued due to weak demand from the downstream nylon chips sector after Lunar New Year holidays that ended in early February.
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