20 September 2012 11:39 [Source: ICIS news]
SINGAPORE (ICIS)--Idemitsu Kosan’s 40,000 tonne/year methyl ethyl ketone (MEK) plant at Tokuyama in ?xml:namespace>
The plant was taken off line on 15 September and is expected to resume operation on 5 November, the company source said.
The company will reduce its exports in October from around 1,000 tonnes/month to less than 500 tonnes, a source close to the company said.
“They [Idemitsu Kosan] have the option not to export next month if prices are not attractive. They can focus on domestic sales,” the source said.
MEK spot prices in northeast Asia were at $1,325/tonne (€1,020) CFR (cost and freight) NE (northeast)
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