Indorama delays Klaipeda PET shutdown and starts up Rotterdam plant

05 July 2012 15:47  [Source: ICIS news]

LONDON (ICIS)--Indorama Ventures has delayed a maintenance shutdown at its Klaipeda polyethylene terephthalate (PET) plant in Lithuania and is in the process of starting up its PET expansion in Rotterdam, the Netherlands, the Thailand-listed producer said on Thursday.

"We are not going to take Klaipeda out … until April [2013]," business and commercial development director, Stephen Short, said.

The 198,000 tonne/year plant was scheduled to go down for maintenance in October 2012.

"For supply reasons to the market … and because of a lack of imports," the outage was postponed, Short added.

The scheduled shutdowns at Indorama's 155,000 tonne/year Workington PET plant in the UK and the 140,000 tonne/year PET plant in Wlocklawek, Poland, are on plan for September/October, Short said.

Indorama's 200,000 tonne/year expansion at its Rotterdam site, where capacity will total 390,000 tonnes/year, is in the process of starting up.

"We are testing kit … It is not fully up yet," Short said.

The European PET market is in a state of flux after mixed pricing messages from upstream sectors resulted in some cheap PET offers disappearing this week, according to buyers and sellers.

Plant capacities are according to ICIS data.

($1 = €0.80)

Follow Caroline on Twitter for tweets on PET

By: Caroline Murray
44208 652 3214

AddThis Social Bookmark Button

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.

Printer Friendly