02 June 2009 15:51 [Source: ICIS news]
The unit, which was taken off line on 26 May due to a gasket leak, was now expected to be fully operational on 3 June, the source said.
Repairs had originally been expected to take one night, but the restart was delayed until 1 June, the source said.
European May PET contract prices increased by €50-100/tonne ($70-141/tonne) from April to €960-980/tonne due to less domestic availability, sources said on 29 May.
There have been several PET outages across ?xml:namespace>
European PET operating rates were estimated at 75-80%, according to market sources.
Neo Group has a PET nameplate capacity of almost 155,000 tonnes/year.
($1 = €0.71)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|