27 October 2011 09:20 [Source: ICIS news]
SINGAPORE (ICIS)--Continental Petrochemicals (Thailand) has halted operations at its 36,000 tonne/year dioctyl phthalate (DOP) plant at Bang Phli in Thailand’s Samut Prakan province as a result of flooding, a source close to the company said on Thursday.
“Flood waters reached the plant site on Tuesday. The water level at the plant site is close to knee height at present, and it is projected to continue rising in the next few days,” said the source.
“It is unclear when Continental Petrochemicals (Thailand) can restart plant operations,” added the source.
The company issued a high alert warning on 20 October about flood waters hitting the plant.
The producer has been operating its DOP plant at 50% of capacity since August, the source added.
Demand for DOP, a plasticiser for polyvinyl chloride (PVC), has been weak in Thailand because of widespread flooding in the country, according to the source.
PVC demand, in turn, has been dampened as Thailand’s construction industry has been badly hit by the floods.
Continental Petrochemicals (Thailand) is part of Singapore-based Continental Chemical.
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