27 April 2011 12:57 [Source: ICIS news]
LONDON (ICIS)--After 22 days off line, Lotte Chemical UK’s purified terephthalic acid (PTA) and downstream polyethylene terephthalate (PET) plants in Wilton, UK, are back in production, a company source said on Wednesday.
“We are back online and have been running steady for a couple of days,” Mark Kenrick, business director for Lotte Chemical UK, said.
The plants were due to restart mid-April but technical problems involving the catalyst caused a 10-day delay.
“Events gave rise to a force majeure [on PTA on 3 April] and customers continue to be impacted as a result through May,” Kenrick added.
This is the second force majeure in as many months at the ?xml:namespace>
Kenrick confirmed that the 150,000 tonne/year PET unit started up successfully after its enforced overhaul, which was brought forward a month because of the force majeure on PTA.
The PTA market remains tight in
March PTA contract prices were assessed at €1,035–1,056/tonne FD (free delivered) NWE (northwest
($1 = €0.68)
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