China’s Inner Mongolia Junzheng shuts Wuhai PVC unit for maintenance

19 March 2014 07:58 Source:ICIS News

SINGAPORE (ICIS)--China-based Inner Mongolia Junzheng Energy & Chemical Industry Co has taken off line its 300,000 tonne/year polyvinyl chloride (PVC) plant at Wuhai in Inner Mongolia province on 19 March for three days of maintenance, a company source said on Wednesday.

The plant was running at full capacity before the shutdown, the source added.

The company’s other 300,000 tonne/year PVC unit at same site is currently running at full tilt, the source said.

The latest prices quoted by the producer were at yuan (CNY) 5,700-5,750/tonne ($921-929/tonne) EXW (ex-works) on 19 March, according to Chemease, an ICIS Service in china.

The shutdown of the plant is expected to have little impact on the local market, because of sufficient supply, market sources said.

($1 = CNY6.19)

By Vivian Jiao