23 November 2010 17:36 [Source: ICIS news]
LONDON (ICIS)--BASF is expected to normalise its methyl di-p-phenylene isocyanate (MDI) stock position at its Antwerp site, in Belgium within two weeks, following the restart from an extended plant shutdown, according to a company source on Tuesday.
BASF's Antwerp MDI unit, the largest in Europe with a nameplate capacity of 560,000 tonnes/year, was brought back online in early November, following a delayed restart.
The MDI plant went down at the beginning of September, two weeks earlier than planned because of utility problems at the site.
The duration of the scheduled turnaround was originally expected to be approximately seven weeks, but this was later subject to delay due to upstream technical difficulties.
The European MDI market has moved from tight to balanced over the past few weeks, due to a combination of better operations across the industry and some signs of seasonally slower demand.
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