MOSCOW (MRC) -- Dairen Chemical Corporation is likely to shut its No.2 vinyl acetate monomer (VAM) plant for maintenance turnaround, said Apic-online.
A source in Taiwan informed that the plant is planned to be shut on March 1, 2015. It is likely to remain off-stream for around one month.
Located in Mailiao, Taiwan, the plant has a production capacity of 300,000 mt/year.
We remind that, as MRC informed previously, Celanese Corporation, a global technology and specialty materials company and a global leader in EVA emulsions, increased November prices of vinyl acetate-based emulsions sold in the Americas. Thus, PVAc homopolymer, vinyl acetate ethylene (VAE) and vinyl acrylic emulsions rose by up to USD0.05/wet pound effective November 1, 2014.
Dairen Chemical Corporation (DCC) is a joint venture between Chang Chun Group (Chang Chun Petrochemical and Chang Chun Plastics) and Nan Pao Resins in 1979. The main function of DCC is to manufacture and supply VAM, a main raw material for production of PVA and PVAc, to parent companies. The first VAM plant with an annual capacity of 85,000 MTY was licensed by Bayer AG (Germany).
MRC