Sumitomo to shut down capro plant next week

SINGAPORE (ICIS news)--Japanese producer, Sumitomo Chemical will shut down its 180,000 tonne/year caprolactam plant for a month-long turnaround from 20 October, a company source said on Tuesday.

A shortfall of about 15,000 tonnes will be incurred with the shutdown of both its lines.

The major regional producer runs two lines, a 95,000 tonne/year No 1 unit and a 85,000 tonne/year No 2 line in Niihama, western Japan

The planned shutdown is not likely to have a significant impact on prices due to the prevailing weak demand, traders said.

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By Yu Guo

ICIS Copyright © Reed Business Information 2009

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