INEOS Grangemouth UK C6 LLDPE due back up 2-3 March

26 February 2010 17:18  [Source: ICIS news]

LONDON (ICIS news)--INEOS’s 320,000 tonne/year C6 linear low density polyethylene (LLDPE) plant at Grangemouth, UK, will be back up on 2-3 March, slightly later than was initially expected, a company source said on Friday.

An “agglomeration”, or build up of product in the reactor, brought the unit to a halt during the Christmas holiday period, and INEOS declared force majeure on supplies from the plant on 8 January.

Force majeure was still in place on Friday.

PE producers were looking to increase PE prices by €50-80/tonne ($68-108/tonne), depending on the grade. Prices had risen by up to €100/tonne in February.

On Friday C6 LLDPE was trading around €1,220-1,250/tonne FD (free delivered) NWE (northwest Europe) on a net basis.

($1 = €0.74)

Please visit the complete ICIS plants and projects database
Click here to find out more on the European margin reports
To discuss issues facing the chemical industry go to ICIS connect

By: Linda Naylor
+44 20 8652 3214

AddThis Social Bookmark Button

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.

Printer Friendly