Corrected: Dow to take Germany BD unit down for eight-week maintenance

30 March 2010 17:26  [Source: ICIS news]

Correction: In the ICIS news story headlined "Dow to take Germany BD unit down for eight-week maintenance" dated 30 March 2010, please read in the final paragraph ...up €325/tonne... instead of ...up €25/tonne....A corrected story follows.  

SAN ANTONIO, Texas (ICIS news)--Dow Chemical will take its butadiene (BD) unit at Boehlen in Germany down for eight weeks of maintenance beginning Friday, a company source said on Tuesday.

The maintenance will run alongside a turnaround scheduled at its Boehlen cracker.

The shutdown comes as butadiene supply remains especially tight in Europe because of planned and unplanned issues, earlier cracker reductions and strong demand from the US.

However, some of the impact of the shutdown could be offset by a derivative shutdown at the site, sources said. 

The unit has the capacity to produce 105,000 tonnes/year of butadiene, according to ICIS plants and projects. 

Spot BD prices were currently pegged around €1,590/tonne ($2,145/tonne) FOB (free on board) Rotterdam, according to global chemical market intelligence service ICIS pricing.

The second quarter contract price recently settled at €1,275/tonne, up €325/tonne from the first quarter because of the tight supply and demand fundamentals.

($1 = €0.74)

For more on Dow Chemical visit ICIS company intelligence
For more on BD visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect

By: Nel Weddle
+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