Turkey's Petkim awards 2008 crude C4 to Kolmar
25 January 2008 11:43 [Source: ICIS news]
LONDON (ICIS news)--Turkish producer Petkim has awarded its 2008 crude C4 (CC4) tender to Switzerland-headquartered trader Kolmar Petrochemicals, a source at Kolmar said on Friday.
The tender, which was awarded early on Friday, is for 60,000-70,000 tonnes/year of CC4, the source said, but all details of the transaction remained confidential.
Sources at Petkim could not be reached to confirm the deal.
Another reseller who had bid for the contract said on Thursday that, if successful, it planned to allocate the bulk of the material to Asia, although some would also be reserved for the
The source at
Crude C4 is the raw material for butadiene, a feedstock of acrylonitrile-butadiene-styrene (ABS) and styrene-butadiene rubber (SBR), which is the material most commonly used in the manufacture of automobile tyres.
By: Samuel Weatherlake
+44 20 8652 3214
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