MTBE Malaysia to turn around plant end-March

15 February 2008 03:46  [Source: ICIS news]

SINGAPORE (ICIS news)--MTBE Malaysia, a wholly owned subsidiary of Malaysian oil and chemicals giant Petronas, will shut its plant on 26 March for a routine turnaround, said a company source on Friday.

The 300,000 tonne/year methyl tertiary butyl ether (MTBE) plant in Gebeng, east Malaysia, would be shut for about a month, the source added.

The company was building up its inventory to continue supplying contracted volumes, although no spot supply would be available, he added.

Asian MTBE prices hovered around $900/tonne FOB (free on board) Singapore in the past few weeks on the back of high crude and gasoline values.

Please visit the complete ICIS plants and projects database

By: Anu Agarwal
+65 6780 4359

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly