17 November 2011 17:06 [Source: ICIS news]
“Operating rates are rising little by little. We haven’t reached full capacity yet,” the source said, speaking in Spanish.
The 100,000 tonne/year plant restarted around 14 November and saleable product is expected on 18 November, the source added.
The line in Barbastro is one of three offering a total capacity of 260,000 tonnes/year. It went down in September.
Production output at European PET plants have mostly been reduced because of poor demand, particularly in October. Buyers and sellers estimate that on average,
However, an element of pre-buying has spurred some higher operating rates, other producers confirmed.
“We lifted our rates up recently because there is a better balance between demand and inventories,” a source at Thailand-based Indorama said.
Spain-based La Seda de Barcelona is operating its Artenius PET plants at full rates now, apart from at its 80,000 tonne/year plant in
Artenius has an additional 200,000 tonne/year PET plant in San Giorgio di Nogaro, Italy; a 140,000 tonne/year plant in Adana, Turkey; and a 170,000 tonne/year plant in el Prat de Llobregat, Spain.
“We are making all that we can,” according to a source at Artenius who added that on paper he is sold-out for November and December.
Neo Group is also sold-out from its 170,000 tonne/year unit in
Meanwhile, a source at Cepsa Quimica said the group's PET plant in San Roque, Spain, which has a production capacity of 175,000 tonnes/year according to ICIS, is operating close to 80%.
M&G Polimeri’s 120,000 tonne/year PET plant in
The Patrica site has the capacity to produce 220,000 tonnes/year, according to ICIS, but is currently only operating one line and it is this that is going down for maintenance.
Lotte Chemical UK began a shutdown at its PET and upstream purified terephthalic acid (PTA) plants in northeast
Its 150,000 tonne/year PET unit in
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