15 September 2010 11:53 [Source: ICIS news]
LONDON (ICIS)--A planned six to seven week maintenance turnaround is underway at BP Refining & Petrochemicals’ (BPRP) No 4 cracker at ?xml:namespace>
It had started to ramp down operations last week and was one of a number of other European crackers which were down for maintenance in the September-October time frame.
The Fina Antwerp Olefins (FAO) Total/ExxonMobil joint venture NC2 cracker at
Similarly, reports of an extension to planned maintenance at INEOS’ KG cracker in
The shutdowns appeared to have done little to change the ethylene and propylene balances in
Propylene was altogether a different story. Some sources talked of an increasingly lengthy market. Players’ systems were full. Suppliers said that contractual offtake was reasonable, but any attempt to push additional material out to customers, either failed or was subject to softening spot price levels.
“We are being confronted with [bids of] €900/tonne” said a producer.
($1 = €0.77)
For more on ethylene and propylene visit ICIS chemical intelligence
For more on BP Refining & Petrochemicals visit ICIS company intelligence
Click here to find out more on the European margin reports
To discuss issues facing the chemical industry go to ICIS connect
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections