Nan Ya shuts down No.1 MEG unit
Taiwan's Nan Ya Plastics is shutting down its No.1 MEG unit at Mailiao today for scheduled maintenance.
This 360,000 t/yr MEG production line will have a four-week-long overhaul and resume production in mid-September. Nan Ya subsequently then plans another four-week turnaround at its 360,000 t/yr No.3 MEG unit in line with its upstream cracker's maintenance.
Nan Ya's largest MEG production line, the 720,000 t/yr No.4 MEG unit, will have a month-long overhaul in November for a catalyst change.
Nan Ya has already had maintenance at its No.3 and No.4 lines in February and July respectively. It has four MEG production lines at Mailiao totalling 1.8mn t/yr.
Negative production margins are the reason for Nay Ya deciding to have two turnarounds at its MEG production lines this year. Naphtha-based MEG production margins were around $20/t lower than breakeven in first-half August, according to Argus data.
source: Argus Media
Top News
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
India’s record gold import said to be due to calculation error
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
