Thai Bangkok Synthetics to skip spot MTBE offers in July/Aug

29 June 2010 09:21  [Source: ICIS news]

SINGAPORE (ICIS news)--Thailand's Bangkok Synthetics Co (BST) will not offer any spot cargoes of methyl tertiary butyl ether (MTBE) in July and August, due to a reduction in feedstock supply, an industry source said on Tuesday.

BST last sold a spot MTBE cargo for June loading, the source added.

“The supplier is reducing operating rates due to an upcoming turnaround, so BST will get less C4 feedstock,” he said.

What’s more, some other naphtha crackers in Thailand had started cutting operating rates due to a weaker olefins market, the source said.

Iso-butylene, which is a component of the C4 chain, is used as a feedstock for making MTBE. C4 is a product from a naphtha steam cracker or a catalytic cracker.

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By: Felicia Loo



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