03 November 2011 16:00 [Source: ICIS news]
LONDON (ICIS)--Brazilian producer Braskem is undertaking a turnaround at its ethyl tertiary butyl ether (ETBE) plant at Triunfo, southern Brazil, that is scheduled to last until the end of November, a company source said on Thursday.
The 170,000 tonne/year facility was taken off line around a week ago, the source said.
The turnaround coincides with the start of the low season for ETBE demand in Europe, which comes as a result of reduced driving levels in winter. In addition, winter-spec gasoline requires lower levels of heavy components such as ethers.
Despite the turnaround, Braskem will continue to ship product to Europe. “There will be impacts [on supplies], of course, but we will cover our contracts,” the source said.
ETBE premiums over MTBE firmed slightly over the past two weeks by $25/tonne (€18/tonne) to $75–125/tonne FOB (free on board) ARA (Amsterdam-Rotterdam-Antwerp) amid tighter supplies. A trader said it expects further increases as a result of the reduced imports arriving from Brazil.
($1 = €0.73)
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