Novapex to lift phenol allocation after French strike disruption

05 November 2010 12:01  [Source: ICIS news]

LONDON (ICIS)--French phenol producer Novapex will lift phenol allocation from its production site in Roussillon, France, in 10 days time after more than a month of disruption caused by the French strikes, a company source said on Friday.

“We have decided to lift any allocation on phenol from 15 November,” the source said.

The company announced on 7 October that, because of the strike at the Fos-Lavera port, it had been forced to reduce production of phenol and cumene amid severe disruptions to output at all refineries and steam crackers in the region. 

This led to its phenol customers being put on 50% allocation.

Novapex started to ease supply restrictions on 29 October to customers following news that French refineries would soon resume operations.

The company has the capacity to produce 175,000 tonnes/year of phenol and 108,000 tonnes/year of acetone at Roussillon.

($1 = €0.70)

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By: Julia Meehan
+44 20 8652 3214

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