Spain's Novapet shuts PET line for maintenance

20 March 2012 11:51  [Source: ICIS news]

LONDON (ICIS)--Novapet’s 30,000 tonne/year speciality grade polyethylene terephthalate (PET) line in Barbastro, Spain, has been shut down for planned maintenance, a company source said on Tuesday.

The shutdown began on 20 March and is expected to last until the end of April, the source at Spain-based Novapet added.

It should not affect the amount of regular PET delivered from the other Novapet units.

Total capacity at the site amounts to 260,000 tonnes/year.

The 100,000 tonne/year unit at the same site last went down in September 2011.

There are reports of concerns about demand and rising feedstock prices leading to reduced operating rates in Europe, but details were not forthcoming.

The next scheduled PET shutdown was announced by ThailandIndorama Ventures and includes a two-to-three week maintenance in October at its 140,000 tonne/year unit in Wloclawek, Poland.

Its 198,000 tonne/year PET unit in Klaipeda, Lithuania, is due to go down for maintenance for three to four weeks in September and its 155,000 tonne/year plant at Workington in the UK is due to shut down in September/October. These dates are subject to change.

Additional reporting by Mark Victory

($1 = €0.76)

By: Caroline Murray
44208 652 3214

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