21 October 2011 16:06 [Source: ICIS news]
LONDON (ICIS)--Swiss-headquartered petrochemicals major INEOS will restart its 245,000 tonne/year ethyl acetate (etac) plant in Hull, UK in early November, distributors said on Friday.
“They are planning to be back in the etac spot market in the third week of November,” said one distributor.
The company previously said it was planning to restart the plant at end of October. INEOS was unavailable for comment.
Production at the plant was shut down at the end of August, after technical problems developed.
Allocation rates for contract customers are currently at 20–30%, and the company remains out of the spot market.
The force majeure declared by the company in mid-June is likely to be revoked in early November as well, the distributors added.
For more on INEOS visit ICIS company intelligence
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