30 August 2010 11:39 [Source: ICIS news]
Borzouyeh's aromatics facilty that produces 480,000 tonnes/year of benzene is located in Assaluyeh and BIPC's plant that has a benzene capacity of 180,000 tonnes/year is in Bandar Imam. The two facilities are operated by National Petrochemical Company (NPC).
Industry sources said that production at the facilities were halted as
The impact of these shutdowns would be felt more by the downstream paraxylene (PX) and styrene monomer (SM) plants, as seen with the shutdowns of NPC’s 700,000 tonnes/year No 4 PX plant and PARS’ 600,000 tonnes/year SM units, market sources added.
PX end-users in Asia received an announcement from the Iranian producer late last week about a cut in term supply from Iran, and these buyers are looking to purchase on formula basis, said some PX market sources.
Iran exports about 500,000 tonnes/year of PX to
Some PX producers quickly snapped up a few lots at the end last week, with some tightness expected on supply of first-half October material, sources said.
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