11 May 2012 12:47 [Source: ICIS news]
LONDON (ICIS)--Spain's Novapet is now operating all its polyethylene terephthalate (PET) plants in Barbastro, Spain, at full capacity following a seven-week outage at its 30,000 tonne/year specialty grade line, a company source said on Friday.
"All our plants are producing at 100% capacity, including plant number 1, which restarted after a maintenance shutdown on 5 May and which produced regular commercial grade from 9 May," the source said, speaking in Spanish.
Novapet announced a series of maintenance shutdowns for the rest of 2012 in early May.
In Europe, there are production sites that are operating normally and others that have reduced output, sources said. Material remains plentiful, although imports are still lacking.
Demand has been poor, despite this time of year traditionally commanding the highest sales. There are some signs of improvement, but buyers and sellers remain cautious.
($1 = €0.77)
Follow Caroline Murray on Twitter
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections