Polimeri Europa's Porto Torres phenol stays down

14 November 2008 16:44  [Source: ICIS news]

LONDON (ICIS news)--Polimeri Europa will keep its phenol/acetone plant down in Porto Torres, Italy, because of poor demand, a company source said on Friday.

 

“We took our time with the maintenance and we are in no hurry to start-up,” the source confirmed. “We are going to carry on cleaning since there is no reason to put product in storage,” she added.

 

The plant went down for planned maintenance on 9 September. The company expected to start up the 220,000 tonnes/year phenol and 120,000 tonnes/year acetone facility in late October/early November.

 

“Everyday day customers are cutting, cutting, cutting and I dread opening my emails,” commented the source. “People have high cost stocks and all the supply chain is blocked,” she added.

 

The decision to keep the Porto Torres plant down for the rest of the year comes at a time when every other European phenol/acetone producer is running at low rates because of poor phenol demand.

 

CEPSA Quimica also confirmed this week that it was considering closing one of its three phenol/acetone lines in Huelva, Spain because of poor demand. The company has been running at reduced rates in June. 

 

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By: Julia Meehan
+44 20 8652 3214

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