France's Novapex eases phenol/acetone supply restrictions

29 October 2010 14:17  [Source: ICIS news]

LONDON (ICIS)--France's Novapex has eased supply restrictions of phenol/acetone to customers following news that French refineries would soon resume operation, a source at the company said on Friday.

“This means that the worst should be behind us,” said the source.

The producer, based in Roussillon, said its customers would be on 60% allocation in the first half of November and 80% for the second half of the month.

“Some refineries should be starting up soon and our suppliers should be back in 10-15 days,” the source added.

Novapex has the capacity to produce 185,000 tonnes/year of phenol and 115,000 tonnes/year of acetone at Roussillon, according to ICIS plants and projects data.

However, its customers have been on allocation since 11 October as a result of the strike at the Fos-Lavera port earlier this month.

A major consumer said: “For now, it is okay. We are able to cover our needs with other volumes.”

For more on the chemicals mentioned in this story, visit ICIS chemical intelligence
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By: Helena Strathearn
+44 208 652 3214



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