Artenius on schedule to restart Greek PET plant end March

05 March 2009 17:34  [Source: ICIS news]

LONDON (ICIS news)--Artenius is on schedule to restart its Greek polyethylene terephthalate (PET) plant at the end of March, having closed it for maintenance on 25 February, a company source said on Thursday.

Contractual customers were receiving their volumes but stocks were limited, the source said.

“We will have zero stocks when the unit returns, not even a kilo,” he added.

This follows the closure of Artenius’ San Roque site in Spain and news of Invista closing its Offenbach facility in Germany this month. Other European PET sites were heard to be running at reduced rates due to poor economics.

The plant in Volos has a nameplate capacity of 80,000 tonnes/year, according to ICIS Plants and Projects.

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By: Caroline Howard
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