23 August 2011 04:27 [Source: ICIS news]
SINGAPORE (ICIS)--Thailand's PTT Chemical (PTTCH) is targeting to restart its 1m tonne/year ethane cracker at Map Ta Phut on 24 August following a turnaround that began last month, a company source said on Tuesday.
The cracker was shut on 15 July for maintenance and was slated to resume operations this week.
Selling ideas were heard at $1,150-1,160/tonne (€805-812/tonne) FOB (free on board) SE (southeast) Asia on 23 August, similar to a confirmed deal done at this level last week, according to data from ICIS pricing.
($1 = €0.70)
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