21 April 2008 12:02 [Source: ICIS news]
LONDON (ICIS news)--BASF has halted styrene production at one of its two
“We have stopped our
BASF had only returned the styrene production unit to full production in early April after a three-month outage which had begun on 17 December, and had been scheduled to go into a planned maintenance turnaround in May.
The source said that the maintenance would now be brought forward to coincide with the latest outage.
BASF’s
Players in the spot market reported a previously limp market as firming on the announcement and rumours that a southern European styrene producer was also experiencing difficulties.
Bids were talked at $1,435/tonne (€904/tonne) FOB (free on board)
($1 = €0.63)
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