31 August 2012 10:00 [Source: ICIS news]
The company has been running the plant at reduced rates since April because of insufficient feedstock C4 supply from its feedstock supplier CPC Corp following a pipeline leak and explosion at the refiner’s crude butadiene (BD) tank at
Weak margins have also curtailed Tasco’s MEK production, market sources said.
Spot prices rose by $25-30/tonne (€20-24/tonne) to $1,310-1,345/tonne CFR SE Asia during the week ended 24 August on the back of higher naphtha prices, according to ICIS pricing data.
($1 = €0.80)
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