MOSCOW (MRC) -- SP Chemicals is likely to restart its No.2 vinyl chloride monomer (VCM) plant following a turnaround, reported Polymerupdate.
A Polymerupdate source in China informed that the company has planned to resume operations at the plant on September 18, 2019. The plant was shut for maintenance on August 17, 2019.
Located at Taixing in Jiangsu province of China, the No. 2 plant has a production capacity of 300,000 mt/year.
VCM is a feedstovk for the production of polyvinyl chloride (PVC).
According to MRC's ScanPlast report, demand in the Russian unmixed polyvinyl chloride (PVC) market increased only in the emulsion segment in January-July 2019, the market of suspension polyvinyl chloride (SPVC) decreased by 7%. Only producers of plastic compounds and plasticized films accounted for the growth in demand for suspension. Scheduled maintenance works simultaneously at two Russian plants did not result in an acute shortage of SPVC in the market. The growth in imports helped to avoid shortages.
SP Chemicals, a Singapore-based company is one of the largest ion-membrane chlor-alkali producer and aniline producer in China. The company's products include: aniline, caustic soda, chlorine, chlorobenzene, nitrochlorobenzene, nitrobenzene, vinyl chloride monomer (VCM). SP Chemicals plans to invest approximately RMB1.1 billion in facilities for the production of styrene monomer, an intermediate raw chemical used in making polystyrene plastics, protective coatings, polyesters and resins.
MRC