09 December 2010 11:44 [Source: ICIS news]
LONDON (ICIS)--Egyptian Petrochemicals Company has halted production at its caustic soda plant in ?xml:namespace>
The unplanned outage began on Monday 29 November and production was expected to resume on Friday, with normal operating rates restored by the end of the weekend.
Nameplate capacity of the plant is 400 tonnes/day of caustic soda.
Northern African caustic soda demand has been high since the beginning of the fourth quarter because of supply shortages in
Domestic demand was also high because hot temperatures in the region were driving demand in the major downstream soaps and detergents market, according to sources.
50% liquid spot prices were assessed by ICIS at $420-500/tonne (€315-375/tonne) FOB (free on board)
As of 1 October, northern African liquid spot prices were $300-370/tonne FOB
The top end of the range was representative of material exported from
Prices at the bottom end of the range were representative of exports from
($1 = €0.75)
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