EPC shuts VCM and PVC plants
As of yesterday, a source from the company reported their final conclusion. EPC decided to bring their annual turnaround date forward and started a maintenance at both their 88,000 tons/year VCM unit and 80,000 tons/year PVC plant. The duration of the shutdown is expected to take around two months but it could also be less.
“At the moment, we are holding comfortable stock levels but we are also trying to manage our stocks by limiting the quantities we deliver to our customers. The turnaround decision has been made at a very critical time since we have started to see improved demand regarding our PVC cargoes on the back of the limited locally held US supplies and increasing import market levels. Plus, we are approaching the end of the first quarter and demand has traditionally improved at that time. Nevertheless, the unit has been experiencing a break down so, we have no other options but to fix it,” added the source.
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