The 340,000 mta plant of LG Dagu, one of China's largest PVC units, has cut rates at the plant over the past last two months due to margin pressure. Slowing demand will compel China's Tianjin LG Dagu Chemical Co plans to keep running its PVC plant in Tianjin at 80-90% capacity. LG Dagu, a joint venture between Korea's LG Chem and China's Sinopec, will operate at lower capacity until the market recovers.
15-Jul-05 
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