Petrowidada News
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It is reported that the PA device of Petrowidada (Indonesia) in the mainland stopped its production in December 25, 2008 because of the shortage of raw materials. It plans to resume on January 20 or so (if they can receive the Ortho Toludine)
Petrowidada has bought 3,000 tons of Ortho Toludine in local Indonesia in the price of 670 U.S. dollars / ton (CFR Southeast Asia). It is expected to arrive in late January. So they must wait for the arrival of the raw materials to resume.
The company has three production lines totally and has a capacity of 140,000 tons / year. It once closed in November after the market descended and the operating rate of resumption is 60%.
In addition, Continental also lowed down its device with the capacity of 40,000 tons / year in Banqkok due to the lack of raw materials.
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