Fos-Lavera strike forces Novapex to institute phenol allocation

07 October 2010 14:00  [Source: ICIS news]

LONDON (ICIS)--The strike at the Fos-Lavera port in France has forced Novapex to reduce production of phenol and cumene amid severe disruptions to output at all refineries and steam crackers in the region, a source with the company said on Thursday.

“In the wake of this event, we have been forced to significantly reduce our production of cumene and phenol,” said the source.

As a result, Novapex will put its customers on 50% allocation for phenol, the source added.

“We would have even been forced to completely stop our cumene unit this week if we had not taken certain measures to continue running. However, these measures are not enough to avoid 50% allocation on all phenol orders, starting Monday 11 October,” said the source.

The company is confident of coming through the period of strikes without instituting allocations for acetone and isopropanol (IPA), the source said.

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By: Sian Jones
+44 20 8652 3214

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