13 May 2011 07:03 [Source: ICIS news]
SINGAPORE (ICIS)--India’s Supreme restarted its high impact polystyrene (HIPS) line at Ratnagiri in Maharashtra on the first weekend of May after it was shut in January this year because of a technical glitch, a company source said on Friday.
The line may be shut again for the replacement of some technical parts, he added.
Meanwhile, the line is operating at 40-50% and is producing ample material for the needs of Supreme’s customers.
“We will only raise our operating rates once we secure orders for the forward months,” the source said.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|