BASF Ludwigshafen styrene outage to last 3-4 weeks

10 January 2006 11:04  [Source: ICIS news]

LONDON (ICIS news)--The outage at BASF's major styrene plant at Ludwigshafen, Germany will last three to four weeks, but the producer has not needed to buy additional volumes, a company official said on Tuesday.
 
"We are relatively balanced on styrene with our own site at Antwerp and our joint venture at Moerdijk," the official added.
 
BASF bought styrene from the spot market before the shutdown began, but has not needed to buy any further volumes in recent days.
 
The 510,000 tonne/year plant went down on 2 January, contrary to previous reports, although the technical problem had come to light on 23 December.
 
The outage will last until 23-30 January, and does not affect the related ethyl benzene (EB) plant.
 
Styrene spot prices for January rose by $10-20/tonne in the first ten days of January, reaching $990-1,010/tonne free on board (FOB) Rotterdam on Tuesday.
By: Barbara Ortner
+44 20 8652 3214



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