23 October 2008 17:52 [Source: ICIS news]
LONDON (ICIS news)--Domo has lifted force majeure on supplies of copolymer polypropylene (PP) from its 180,000 tonne/year plant at Rozenberg in the Netherlands, a company source confirmed on Thursday.
Domo introduced legal restrictions in mid-September due to a technical incident at the site which took out copolymer production.
Rozenberg is Domo’s only PP production site.
PP prices were under downward pressure and had lost around €90/tonne in October, leaving gross homopolymer prices at €1,190/tonne FD NWE. Spot prices were lower and indications for November business were lower.
($1 = €0.78)
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