- Zhejiang Petrochemical plans for Phase 1 of the
phenol-acetone plants to be reopened- Chinese domestic price rise



On Sept. 13, the demand for Asian
acetone-phenol was mixed. Some regions were struggling while others did well. As the market for
downstream derivatives like nylon and bisphenol A continued to slow,
discussions were limited. Market players
stated that China celebrated the Mid-Autumn festival holiday and that buying
momentum would likely return slowly. The
domestic trade indicators for East China were Yuan 10,000/mt, an increase of
Yuan 300/mt over the previous week. China's
Zhejiang Petroleumchemical plans to restart the Phase 1 phenol-acetone facility
on September 13 following a shut down on Sept. 6. 13 citing a source who is familiar with the matter. The Phase 2 phenol-acetone plant has a capacity of
approximately 400,000 mt/year in phenol and 250,000...