China’s Shandong Kaitai shuts butyl-A plant on mechanical woes

18 August 2014 06:11 Source:ICIS News

SINGAPORE (ICIS)--China’s Shandong Kaitai Petrochemical on 18 August shut down its 80,000 tonne/year butyl acrylate (butyl-A) plant at Zibo in Shandong province because of a boiler failure, a company source said on Monday.

The repair work would take one week and during this period its butyl-A output could be reduced by 2,000 tonnes, the source added.

Shandong Kaitai is offering butyl-A at yuan (CNY) 12,300/tonne ($2,000/tonne), methyl acrylate at CNY12,400/tonne, acrylic acid (AA) at CNY10,800/tonne and glacial AA at CNY11,300/tonne on 18 August, according to the company.

($1 = CNY6.15)

By Nicky Wang