Qatar's Qafco begins partial melamine shutdown at Mesaieed

24 May 2012 16:30  [Source: ICIS news]

LONDON (ICIS)--Qafco is undergoing a planned partial shutdown at its 60,000 tonne/year melamine plant in Mesaieed, Qatar, a source at the Qatari fertilizer company said on Thursday.

The outage started earlier this week and is expected to continue until June, with a reduced output of 90 tonnes/day.

“Our plant will start by the beginning of June 2012, and we are producing 90 tonnes/day,” the source said.

Qafco is located in Mesaieed Industrial City, near Doha, on the east coast of the Qatar peninsula.

Despite good availability and poor demand, second-quarter melamine contracts in Europe settled at a slight increase on firm feedstock costs, and the need to recover lost margins.

Contract prices are at €1,010-1,090/tonne ($1,263-1,363/tonne) FD (free delivered) NWE (northwest Europe), while spot values are at €930-960/tonne FD NWE.

($1 = €0.80)

By: Helena Strathearn
+44 208 652 3214

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