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.
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