05 December 2007 08:59 [Source: ICIS news]
SINGAPORE (ICIS news)--Saudi Basic Industries Corp (SABIC) and Taiwan Fertiliser joint venture Al-Bayroni has restarted its 2-ethylhexanol (2-EH) unit in Saudi Arabia after a month-long turnaround, a source close to the company said on Wednesday.?xml:namespace>
The 150,000 tonne/year plant in Al-Jubail, which was shut on 2 November, was restarted over the last two days, the source said, adding December cargoes would be loaded for export at the end of the month.
Meanwhile, 2-EH prices were at a six-month high at $1,640-1,670/tonne CFR (cost and freight) E Asia (east Asia) for the week ended 30 November, according to global chemical market intelligence service ICIS pricing.
The high regional prices were propelled by recent large jumps in domestic Chinese prices as well as a tight spot supply situation in ?xml:namespace>
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