Borealis Burghausen PP runs well after tech issue

14 February 2008 17:14  [Source: ICIS news]

LONDON (ICIS news)--Borealis’s polypropylene (PP) output at Burghausen in Germany was running well on Thursday after technical issues affected output at the older 240,000 tonne/year PP4 line, a company source reported.

The line went down on 3 February and came back up on 13 February. The new 330,000 tonne/year PP line at the same site had not been affected.

PP producers managed to increase prices by €30/tonne (€43/tonne) in January and were still attempting to recover the full €57/tonne hike in first-quarter propylene in February.

This was proving difficult with commodity grades, however, and homopolymer injection was still trading at €1,270-1,280/tonne FD (free delivered) NWE (northwest Europe) on a gross basis, according to global chemical market intelligence service ICIS pricing.

PP producers in Europe include LyondellBasell, INEOS Polyolefins, Total Petrochemicals, SABIC, Repsol and Dow.

($1 = €0.69)

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By: Linda Naylor
+44 20 8652 3214

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