INEOS to restart UK etac plant in early November – distributors

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

By: Cuckoo James
+44 (0) 208 652 3214

AddThis Social Bookmark Button

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.

Printer Friendly

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