09 October 2009 05:48 [Source: ICIS news]
SINGAPORE (ICIS news)--Mitsui Chemicals is running its 33,000 tonne/year isopropanol (IPA) plant in Osaka, Japan, at 100% after restarting the unit on 1 October following an unplanned shutdown from 19-30 September, a company official said on Friday.
The smallest of Japan’s three IPA producers, however, planned to take the facility off line for one week starting 1 November. This would be the fifth time that Mitsui is shutting the plant this year due to poor economics and to reduce inventories, the official added.
IPA was traded lower at $960-980/tonne (€652.80-666.40) CFR (cost and freight) northeast Asia last week, facing pressure from declines in feedstock propylene values, according to global chemical market intelligence service ICIS pricing .
($1 = €0.68)
To discuss issues facing the chemical industry go to ICIS connect
Please visit the complete ICIS plants and projects database
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections