10 September 2012 04:32 [Source: ICIS news]
The acetone-to-IPA facility was originally due to come on stream in early November but the start-up schedule has been delayed, possibly by one to one-and-a-half months because of an “unexpected factor”, the source said without giving further details.
LG Chem, the largest IPA producer in
IPA prices in southeast Asia have been going up sharply amid tight supply on the back of several plant shutdowns but the situation is expected to improve by the second half of October as two regional facilities would have completed their maintenance by then.
JX Nippon Oil & Energy plans to resume operation at its 85,000 tonne/year plant at
“We are worried that prices will fall once these plants return to normal production as demand in
Spot prices rose by $15/tonne (€11.7/tonne) to $1,355-1,380/tonne CFR (cost and freight) SE (southeast)
($1 = €0.78)
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