DATE : 2014-01-23
China’s Longxin shut its 75,000 tonne/year methyl methacrylate (MMA) plant in Heilongjiang on 23 January for regular maintenance, a company source said on Thursday.
“We shut the MMA plant today [Thursday] and it will take about one month to finish the regular maintenance,” the source said.
“The MMA plant is expected to restart on 19 February and we will update the information when the plant restarts,” the source added.
Before the shutdown the company was running the plant at 40-50% of nameplate capacity because of lack of feedstock, the source said.
The shutdown is unlikely to impact MMA prices in the domestic market because of the weak downstream demand ahead of the Chinese Lunar New Year Festival, a market player said.
SOURCE Icis News
China’s Longxin shut its 75,000 tonne/year methyl methacrylate (MMA) plant in Heilongjiang on 23 January for regular maintenance, a company source said on Thursday.
“We shut the MMA plant today [Thursday] and it will take about one month to finish the regular maintenance,” the source said.
“The MMA plant is expected to restart on 19 February and we will update the information when the plant restarts,” the source added.
Before the shutdown the company was running the plant at 40-50% of nameplate capacity because of lack of feedstock, the source said.
The shutdown is unlikely to impact MMA prices in the domestic market because of the weak downstream demand ahead of the Chinese Lunar New Year Festival, a market player said.
SOURCE Icis News