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Thailand's Vinythai restarted VCM productionThailand's Vinythai restarted VCM production |
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According to market sources, Vinythai Public Company Limited has resumed its vinyl chloride monomer (VCM) production this week. The company was forced to take the unit off-stream on 8 August 2016 due to issues related to electrical supply.
Based in Rayong, Thailand, the VCM unit has an annual production capacity of 400,000 tons/year.
It is reported that the company’s downstream PVC plant was also affected due to lack of VCM feed, in which the company has to cut PVC allocation to export market this month. A trader in Malaysia informed, “We only received about 30% of PVC allocation this month from our supplier at $55/ton higher than last month. We think with the resumption of the VCM plant, PVC supply would normalize by the next price opening.”