China’s Shanghai Huayi Group runs acetic acid plant at 80-90%

09 June 2014 10:52 Source:ICIS News

SINGAPORE (ICIS)--China’s Shanghai Huayi Group is running its 500,000 tonne/year acetic acid plant at Wuwei in Anhui province at 80-90%, a company official said on Monday.

Operations at the plant resumed early this month after resolving the mechanical issues that shut the unit on 22 May, the official said.

The plant is scheduled for an overhaul in August but the exact dates have yet to be finalised, the official said.

China's domestic acetic acid spot prices in Jiangsu and Zhejiang provinces were firmer at yuan (CNY) 3,800-4,150/tonne ($608-664/tonne) ex-tank on 6 June, an increase of CNY50-200/tonne from the previous week, according to ICIS data.

($1 = CNY6.25)

By Helen Lee