28 January 2011 17:20 [Source: ICIS news]
HOUSTON (ICIS)--Pemex restarted its Vera Cruz acrylonitrile (ACN) unit in Mexico on Friday, sources said.
The 60,000 tonne/year plant had been shut down since 10 January for scheduled maintenance and was set to restart on 25 January. However, delays pushed the restart back until 28 January.
The shutdown of the plant removed an estimated 2,700 tonnes of material from the spot market, pushing US Gulf ACN prices higher.
Pemex has two other ACN units, which were both currently shut down - a 60,000 tonne/year plant in Hidalgo, Mexico, and a 60,000 tonne/year unit in Puebla, Mexico.
Despite the plant’s restart, ACN prices were expected to continue rising, since INEOS Nitriles is shutting down its 540,000 tonne/year ACN plant in Green Lake, Texas, for the month of February for planned maintenance.
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