SMI shutdown impact limited on benzene demand

29 May 2008 11:34  [Source: ICIS news]

SINGAPORE (ICIS news)--A scheduled shutdown at Styrindo Mono Indonesia’s (SMI) No 1 styrene monomer (SM) unit will have a limited impact on its feedstock benzene demand, said a company source on Thursday.

The company planned to shut down the smaller unit producing 100,000 tonnes/year of SM from late June for 45-60 days, he added.

Demand for feedstock benzene is expected to go down by about two cargoes, which would total around 6,000 tonnes, he said.

No comments were available from the market about the expected impact of the shutdown.

The Indonesian producer’s 250,000 tonne/year No2 SM unit was restarted on 27 May after a turnaround.

But a power failure on Wednesday night resulted in a shutdown of both SM units and the No 2 SM line was restarted on Thursday.

SMI was acquired by Chandra Asri, Indonesia’s sole cracker operator, last year.

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By: Mahua Chakravarty
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