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China's NMC shut PTA unit unexpectedlyChina's NMC shut PTA unit unexpectedly |
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According to market sources, Ningbo Mitsubishi Chemical Company (NMC) has experienced an emergency shutdown at its purified terephthalic acid (PTA) plant yesterday on 15 February 2016 due to a technical glitch as a result of equipment failure.
Located in Ningbo, Zhejiang, China, the plant is having nameplate capacity of 600,000 ton/year but usually operates at a rate of 700,000 ton/year. It is expected to remain off stream for 5 to 7 days while the company is aiming to resume their productions on 20 February 2016.
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