05 May 2009 16:16 [Source: ICIS news]
LONDON (ICIS news)--German chemical producer Oxea is likely to extend a planned maintenance turnaround at its dioctyl phthalate (DOP) for a further week due to poor market conditions, a company source said on Tuesday.
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However, the plant remained down and was expected to stay so for the coming week.
“Costs are increasing, prices are going down and demand is not helpful. There is a possibility we can make do with our stocks for a week longer so there is no immediate pressure to start production again,” said the company source.
The source added that contract customers were not likely to be impacted by the shutdown as stocks had been built up.
Other European DOP producers include Perstorp and Polynt.
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