02 December 2010 08:00 [Source: ICIS news]
SINGAPORE (ICIS)--Indonesia’s refinery operator Pertamina restarted its residual fluid catalytic cracker (RFCC) in Balongan on 30 November following an outage, a source close to the company said on Thursday.
The unit, which can produce 250,000 tonnes/year of propylene (C3), was initially scheduled to restart on 2 December, the source said, adding that the unit was currently running at 70% of capacity.
Pertamina would fulfil its November commitments as shipments for the month had been postponed to December due to the recent shutdown, the source said. There would be no spot volume for December, the source added.
Asian propylene spot values edged up $10-20/tonne this week to $1,250-1,270/tonne (€950-965/tonne) CFR (cost and freight) NE Asia, underpinned by tight supply amid turnarounds at regional plants, source said.
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