China's Xingda Group, a producer of expandable polystyrene, reduced its total production rate from 75% of capacity to 50% in late November due to poor demand.
Xingda has a total production capacity of 1.1 million tons a year
The company has four plants, located in Wuxi (which has a capacity of 450,000t/year), Changzhou (360,000t/year), Xinjiang (120,000t/year) and Huizhou (180,000t/year).
In October, the company averaged a run rate of 80%, but this was reduced to 75% in November.
It is expected to be kept at 40-50% over December and January.
