INEOS Oxide to start Lavera glycol ethers turnaround at weekend

04 November 2011 12:44  [Source: ICIS news]

LONDON (ICIS)--INEOS Oxide’s glycol ethers plant at Lavera, France, is set to enter into a planned four-week turnaround this weekend, a company source said on Friday.

“If everything goes well, we will go ahead with the shutdown, it [also] depends on the [feedstock] EO plant shutdown,” the source said.

The shutdown is being planned alongside a turnaround at the ethylene oxide (EO) plant at the same site. The EO plant has a capacity of 220,000 tonnes/year, according to ICIS Plants and Projects.

Supply of both grades of glycol ethers – butyl glycol and butyl di-glycol – is long in the European market and prices are on a downward trajectory because of slow demand and softening feedstocks.

Glycol ethers prices were assessed at €1,230–1,290/tonne ($1,708-1,792/tonne) FD (free delivered) NWE (northwest Europe) for butyl glycol and €1,260–1,320/tonne FD NWE for butyl di-glycol in the week ending 28 October.

($1 = €0.72)

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

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