India’s Deepak Fertilizer to restart IPA plant on 5 Sept

28 August 2012 11:13  [Source: ICIS news]

SINGAPORE (ICIS)--Deepak Fertilizers and Petrochemicals Corporation Ltd. (DFPCL) plans to restart its 70,000 tonne/year isopropanol facility next week after a brief shutdown, a source close to the company said on Tuesday.

The plant was taken off line on 25 August due to a technical problem, the source added.

The company plans to bring it on line on 5 September after resolving the issue, the source said but gave no further details.

IPA prices rose by Rs4-5/kg (Rs4,000-5,000/tonne) ($72-90/tonne) ex-Kandla to Rs85/kg following the shutdown but are expected to come down when the plant is brought back on line, the source added.

($1 = Rs55.69)

By: Veena Pathare
+65 6780 4327

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