Netherlands' DSM restarts Geleen capro plant after maintenance

18 April 2012 14:37  [Source: ICIS news]

LONDON (ICIS)--DSM’s 250,000 tonne/year caprolactam plant at Geleen, in the Netherlands, has restarted and is running at normal volumes following planned maintenance, a company source said on Wednesday.

The plant was shut down in early-March and the restart process began at the beginning of this week.

The outage was scheduled to last for five weeks, but technical problems extended the maintenance period, the source confirmed.

The DSM shutdown caused tight supply in the European caprolactam market throughout March.

Nevertheless, weakening buying interest in Asia – a major importer of European material – and macroeconomic deterioration have led to divided views on the current supply/demand balance in Europe.

Several sources said that demand is weak because material earmarked for Asia is remaining in Europe, increasing supply.

Other players, however, said that the market remains balanced-to-tight because of the DSM outage.

($1 = €0.76)

By: Mark Victory
+44 208 652 3214

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