SINGAPORE (ICIS)--China’s Gansu Jinchuan Group plans to conduct turnaround at its three sulphuric acid lines, which have a combined capacity of 2m tonnes/year, this week, a company source said on Monday.
The three lines will be shut down one after another over next two months, the source said, without providing details on the turnaround duration for each line.
Over the next two months, the company’s sulphuric acid production will fall by half to 2,000 tonnes/day, the source said.
The company plans to run the three lines of its sulphuric acid plant at full tilt by end-September, the source said.
Jinchuan Group is engaged in mining, metallurgy and chemical engineering and deep processing.
The shutdown may tighten supply of sulphuric acid in China, thus help support market prices of the material, industry sources said.
Sulphuric acid was last assessed at yuan (CNY) 220-450/tonne ($35-73/tonne) in southern China; at CNY240-370/tonne in the eastern region; and at prices at CNY170-280/tonne in the northwestern region.
($1 = CNY6.20)