Malaysia’s Titan cancels BD sales tender on plant issue

21 March 2012 06:40  [Source: ICIS news]

SINGAPORE (ICIS)--Malaysia’s Titan Chemicals has cancelled its sales tender for butadiene (BD) because of some plant problem, a company source said on Wednesday.

“We are running the BD plant at a reduced rate because of plant problem,” the source said, declining to disclose any further details.

The sales tender was for second half April loading for 2,000 tonnes of BD.

The company runs a 100,000 tonne/year BD plant at its site at Pasir Gudang, Malaysia.

Titan is a subsidiary of Honam Petrochamials, a major Korean olefins producer.

By: Helen Yan
+65 6780 4359

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