26 January 2006 11:33 [Source: ICIS news]
LONDON (ICIS news)--The outage at BASF’s major styrene plant at Ludwigshafen, Germany will extend into February due to delays in obtaining spare parts, a company official said on Thursday.
The 510,000 tonne/year plant went down on 2 January, following technical problems experienced on 23 December.
‘The spare parts needed in order to start-up the plant successfully have been delayed and we do not expect normal operations to resume until February," the official added.
The sources said that it was too soon to give an exact start-up schedule.
Earlier this month a BASF official said the plant was expected to be down for three to four weeks.
Spot styrene prices for February were in the range $1,020-1,040 free on board (FOB) Rotterdam on Thursday, up $30 from last Friday, according to global price reporting and market intelligence service ICIS-LOR. Prices have firmed in the last few days, said buyers and sellers, but the extended Ludwigshafen outage has not influenced numbers beyond the initial impact on January levels.
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