17 November 2011 16:13 [Source: ICIS news]
HOUSTON (ICIS)--Polypropylene (PP) producer Braskem informed customers it had an unplanned outage at its Neal, West Virginia, plant this week, sources said on Thursday.
The outage is expected to last between a week and 10 days, according to buyers who said they had been informed of the outage by Braskem sales representatives.
A spokesperson for Braskem did not respond to a request for comment.
The plant has a capacity of about 210,000 tonnes/year, according to ICIS plants and projects.
The outage was not expected to impact contract prices, which are expected to settle down by 6 cents/lb ($132/tonne, €98/tonne) in November, following the reduction in the cost of propylene monomer.
However, it might cause further tightening in an already tight spot market, sources said.
($1 = €0.74)
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