China’s Xinxiang Shenma Zhenghua Chem shuts Henan PVC plant

16 April 2014 08:49 Source:ICIS News

1SINGAPORE (ICIS)--China’s Xinxiang Shenma Zhenghua Chemical shut down its 50,000/tonne year polyvinyl chloride (PVC) plant which is located in Henan Province for routine maintenance since 16 Apr, a company source said on Wednesday.

The maintenance will last for about three days, and the plant is scheduled to be restarted during the week, the source added.

The producer is offering material at yuan (CNY) 6,000/tonne, in view of low inventory. This was met with limited buying interest as there are lower offers available in the market.

($1 = CNY6.22)

By Becky Peng