19 March 2010 12:10 [Source: ICIS news]
LONDON (ICIS news)--SABIC’s butadiene (BD) extraction unit at Geleen in the ?xml:namespace>
“We are back, we are on-spec and we are ramping up” the source said.
The Geleen unit, which has the capacity to produce 130,000 tonnes/year of butadiene, according to the ICIS plants and projects database, was shut down on 4 March.
Butadiene force majeure was declared on 18 November and was still in place.
A maintenance turnaround was scheduled to get under way in June.
SABIC's other butadiene extraction unit, at
Butadiene supply was very tight in Europe, partly because of the production issues but primarily because of strong export demand from Asia and most recently the
LyondellBasell’s extraction unit at
European spot prices were now pegged close to €1,600/tonne ($2,192/tonne) FD (free delivered) NWE (northwest
Meanwhile second quarter contract discussions were ongoing with all sources anticipating a significant rise over the first quarter.
$1 = €0.73
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