PCK FCC expects on-spec C3 at weekend
29 February 2008 13:55 [Source: ICIS news]
LONDON (ICIS news)--PCK Raffinerie expects to have on spec production of propylene at Schwedt in Germany over the weekend after its fluid catalytic cracker (FCC) was back up and running, a source close to the company said on Friday.
The 130,000 tonne/year propylene producing unit had gone offline 11-12 February because of an undisclosed technical issue.
This, and other production issues, had helped to relieve logistical problems arising from increasing supply as well as stave off any further downwards pressure on spot pricing.
Coastal basis polymer grade prices were heard at around €865/tonne ($1,311/tonne) CIF (cost, insurance, freight) northwest Europe (NWE) this week compared with €850/tonne a couple of weeks ago, according to global market intelligence service ICIS pricing.
Chemical grade propylene was pegged at around €800/tonne CIF NWE.
PCK Raffinerie is a joint venture of Ruhr Oel, Shell Deutschland Oil and AET-Raffineriebeteiligungsgesellschaft.
($1 = €0.66)
For more on propylene visit
By: Nel Weddle
+44 20 8652 3214
< previous article(ICIS Chemical Business podcast November 2, 2009)
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