23 August 2010 08:47 [Source: ICIS news]
The plant, which has a nameplate capacity of 220,000 tonnes/year of phenol and 130,000 tonnes/year of acetone, would remain off line till 15 September, the source said, without disclosing the reason for the shutdown.
The impact of the shutdown was uncertain given prevailing weak market fundamentals, the source said.
Spot phenol prices softened $25-40/tonne week-on-week to $1,670-1,780/tonne CFR (cost and freight) China on 20 August, according to ICIS assessment.
To discuss issues facing the chemical industry go to ICIS connect
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections