Iran's BIPC complex set for October maintenance

11 July 2007 11:04  [Source: ICIS news]

SINGAPORE (ICIS news)--Bandar Imam Petrochemical Co (BIPC) plans to shut down its cracker and derivatives plants at Bandar Imam, Iran, for maintenance in October, a source close to the company said on Wednesday.

 

The 430,000 tonne/year cracker would be shut for 20 days.

 

The derivative plants, comprising a 100,000 tonne/year low density polyethylene (LDPE) unit, a 60,000 tonne/year high density PE (HDPE) unit, a 175,000 tonne/year polyvinyl chloride (PVC) unit and 40,000 tonnes/year of styrene butadiene rubber (SBR) capacity, would be shut for a month.

 

"The complex is currently running at full capacity," the source added, dismissing market rumours that the complex was experiencing production problems.

 

The shutdown could intensify the supply constraints in Iran, traders said.

 

Polypropylene and PE imports into Iran have been severely hit in the past year, as most suppliers were reluctant to open letters of credit amid the threat of UN sanctions on concerns over Iran's nuclear programme.

 

By: Prema Viswanathan
+65 6780 4359

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