Sinopec Mitsubishi Polycarbonate to restart PC plant by end April

22 March 2013 08:48 Source:ICIS News

CHONGQING (ICIS)--China’s Sinopec Mitsubishi Polycarbonate (SMP) plans to restart is polycarbonate (PC) plant at Yanshan in Beijing by the end of April, a company source said on Friday.

SMP runs two (PC) units,  each with a 30,000 tonnes/year capacity.

The No 1 PC line was taken off line in late October 2012, while the No 2 line has been idle since early December last year, because of weak demand and unfavourable margins.

“We are targeting to resume operations by the end of April,” a company source said on the sidelines of the 10th China Epoxy Resins & Raw Materials Forum, held in Chongqing, China, on 21-22 March 2013.

The company is a joint venture between Chinese major Sinopec, and Japan’s Mitsubishi Chemical and Mitsubishi Engineering Plastics.

By Liu Xin