29 September 2011 16:45 [Source: ICIS news]
LONDON (ICIS)--Solutia Europe will restart its 14,000 tonne/year ethyl acetate (etac) plant in Antwerp, Belgium, on 8–9 October, a source at the specialty chemical company said on Thursday.
The plant shut down on the weekend of 24–25 September for routine maintenance.
The source said the company is currently unable to offer product to customers, adding: “We expect prices to go up, since other producers in Europe are on a shutdown as well.”
While SEKAB came back on line on 26 September, INEOS is not expected to restart production until the second week of October.
INEOS is the biggest etac producer in northwest Europe, with a production capacity of 245,000 tonnes/year at its plant at Hull in the UK, while SEKAB has a 35,000 tonne/year plant in Domsjo, Sweden.
The three shutdowns are expected to put upward pressure on etac prices, which are currently assessed at €940–1,000/tonne ($1,270–1,351/tonne) FD (free delivered) NWE (northwest Europe).
($1 = €0.74)
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