12 November 2010 11:37 [Source: ICIS news]
LONDON (ICIS)--Petrogal's force majeure on all aromatics at its facility at Oporto in Portugal will remain in place for the rest of November, a company source said on Friday.
The company declared force majeure on 4 November.
“We declared force majeure on all aromatics because of technical problems,” the source said.
“The whole aromatics complex is affected and will be down for a month,” the source added.
According to ICIS data, Petrogal has the capacity to produce 50,000 tonnes/year of orthoxylene (OX), 140,000 tonnes/year of paraxylene (PX), 80,000 tonnes/year of benzene and 170,000/tonnes/year of toluene.
The value of spot PX, OX and benzene have not been affected by the force majeure.
However, a toluene supplier said: “Petrogal will be down until early December and this is helping keep ?xml:namespace>
Toluene spot for November was valued at $940-970/tonne FOB (free on board)
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