14 December 2011 22:25 [Source: ICIS news]
HOUSTON (ICIS)--Canadian polyethylene (PE) producer NOVA Chemicals experienced an unplanned production outage at its Moore, Ontario, low-density polyethylene (LDPE) plant, sources said on Wednesday.
The outage, which was believed to have taken place sometime last week, is expected to last for at least six weeks, sources said.
A company spokesman confirmed the outage and the six-week restart timeline.
The plant has a capacity of 186,000 tonnes/year, according to ICIS plants and projects.
A 210,000 tonne/year high density polyethylene (HDPE) plant at the Moore facility was unaffected by the outage and is operating normally, the spokesman said.
The outage is causing tightness in the market, a buyer said, adding that it could lend some strength to a proposed 5 cent/lb ($110/tonne, €85/tonne) increase for December PE contract prices.
For more on Nova's plants visit ICIS plants and projects
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