Two PVC shutdowns in China
According to a source close to the company, China’s Yangmei Hengtong shut its ethylene-based PVC plant in Shandong province on December 12. The plant has a production capacity of 300,000 tons/year and is expected to resume operations in late December.
Meanwhile, Ningbo Hanhua also shut its ethylene-based PVC plant in Zhejiang on December 18 for one week. Ningbo Hanhua’s PVC plant also has a capacity of 300,000 tons/year.