Thailand's Vinythai restarted VCM production

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.”