29 October 2009 15:29 [Source: ICIS news]
LONDON (ICIS news)--DSM restarted its 36,000 tonne/year maleic anhydride (MA) plant at Linz, Austria, on 24 October following nearly four weeks of planned maintenance work, a company source said on Thursday.
According to market sources, MA spot prices were set to increase by up to €200/tonne ($294/tonne) this week.
The strike followed BASF’s announcement that it intends to permanently cease MA production at the end of 2009.
As a result of the strike and force majeure at BASF’s Feluy plant, a source at DSM said it was expecting that production at the
“With the BASF announcement, we assume it will be very easy to have maximum capacity for the next two months,” the DSM source said.
($1 = €0.68)
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