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)
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