Qatar Fuel Additives runs MTBE plant at 100%

24 January 2011 08:07  [Source: ICIS news]

SINGAPORE (ICIS)--Qatar Fuel Additives Company Limited (QFAC) is operating its 610,000 tonne/year methyl tertiary butyl ether (MTBE) plant in Mesaieed, Qatar, at full rate, said a source close to the company on Monday.

“The plant is running at 100%. MTBE supply is tight globally because there isn’t enough capacity,” said the source.

Asian MTBE prices were up $5/tonne (€3.7/tonne) in the week ended 21 January to $910-920/tonne FOB Singapore, because of demand outstripping supply, ICIS data showed.

Meanwhile, the plant would be taken offline in October for maintenance.

($1 = €0.73)

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By: Felicia Loo

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