MELBOURNE (ICIS)--Taiwan-based China Petrochemical Development Corp (CPDC) plans to begin a trial run at its new 100,000 tonne/year cyclohexanone plant in Toufen around 23-24 August, a company source said on Monday.
The plant will use phenol as a feedstock to produce cyclohexanone, a raw material for caprolactum (capro).
Even if the trial run is successful, the company does not plan to immediately begin commercial operations of its new cyclohexanone plant because of high raw material phenol prices, the source said.
Spot phenol prices into China, a regional benchmark, have risen by 13.9% since mid-May to settle at an average of $1,640/tonne CFR (cost & freight) China for the week ended 15 August, according to data compiled by ICIS.
At its Toufen site, CPDC currently operates a 100,000 tonne/year capro line. Its other 100,000 tonne/year capro line is expected to be started up in 2015.
CPDC’s Xiaogang site consists of an existing 100,000 tonne/year cyclohexanone plant and a 200,000 tonne/year capro unit.
All the units at CPDC’s Xiaogang site are scheduled to undergo regular maintenance in December, the source said, adding that the exact schedule has yet to be finalised.