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Industry News | Time: Sep 5 2019 5:26PM
Asian MEG plant operation round-up (Sep 5)
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On Sep 5, operating rate of all MEG plants in China was 60.90% (total capacity is 10.805 million mt/year). Operating rate of coal-based MEG plants was at 52.55% (total capacity is 4.51 million mt/year).

As Xinjiang Tianye started its 100kt/year syngas-based MEG unit and was running stably after getting products in early August 2019, China's total MEG capacity is adjusted up to 10.805 million mt/year starting from September 1, 2019. Among this, syngas-based MEG capacity is 4.51 million mt/year.

[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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