24 May 2012 15:29 [Source: ICIS news]
LONDON (ICIS)--Oxochimie, a joint venture between France-based Arkema and Switzerland-headquartered INEOS Oxide, aims to restart production at its oxo-alcohols facility in Lavera, France, in the next few days, a source at Arkema said on Thursday.
The source said that work on restoring the plant to normal production was going to schedule.
“As repair works are progressing well, Oxochimie may restart in the coming days,” it said.
“Nevertheless, there will be some time lag between the restart of the unit and a return to a normal supply situation,” it added.
The complex, which has a nameplate capacity of 150,000 tonnes/year of 2-ethylhexanol (2-EH), 150,000 tonnes/year of n-butanol (NBA) and 30,000 tonnes/year of isobutanol (IBA), had come back on stream in the week ending on 27 April after a 12-day delay following a five-week, five-yearly maintenance shutdown.
The force majeure declarations remain in place and product availability is limited.
The shutdown of Oxochimie’s facility has exerted further pressure on the already-tight European oxo-alcohols market, in which low inventories and supply constraints are limiting availability for spot trade. The market is particularly tight for 2-EH.
($1 = €0.80)
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