15 March 2006 15:44 [Source: ICIS news]
LONDON (ICIS news)--Borealis has resumed full production of phenol and acetone from its Porvoo, Finland plant after technical problems forced the unit offline about three weeks ago, a company source said on Wednesday.
Production was restarted from 6 March and the 140,000 tonne/year phenol capacity and 86,000 tonne acetone capacity plant was now running at maximum output, the source added.
About 5,000-7,000 tonne of phenol and 3,000-3,500 tonne of acetone production was lost during the outage. The lost tonnage was equal to around 10-14 days of production but Borealis managed to ensure supplies to customers through its own inventories and by swapping material with other producers.
The outage had no impact on either phenol or acetone spot prices. Phenol prices were assessed on Wednesday at Euro863-963/tonne free delivered (FD) Northwest Europe (NWE), according to global chemical market intelligence service ICIS pricing. Acetone prices were around Euro630-660/tonne FD NWE.
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