Russia's Kaustik poised to restart ECH production

07 April 2006 14:43  [Source: ICIS news]

LONDON (ICIS news)--Russian epichlorohydrin (ECH) producer Kaustik hopes to restarts its plant at Sterliatamak later on Friday following an unplanned shutdown since 1 April, a source close to the company said.

Kaustik was forced to close the 36,000 tonne/year plant, its only ECH facility, when its storage capacity for finished commodity was damaged by ground water, a trader acting as an agent for Kaustik said.

The producer has already lost more than 750 tonne of April production as a result, the trader said. The storage capacity has been restored and there will be an attempt to restart production tonight, he added.

ECH is currently tight in Europe. A number of European second quarter contract prices were agreed earlier this week up Euro 80-100/tonne to around Euro1, 540-1,560/tonne free delivered (FD) Northwest Europe (NWE).

By: Geraldine Gilmartin
+44 20 8652 3214

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