30 October 2012 09:50 [Source: ICIS news]
SINGAPORE (ICIS)--Thai Fatty Alcohols shut its 100,000 tonne/year fatty alcohols plant at Rayong province in ?xml:namespace>
The plant will be down for at least 20 days, the source said.
The producer will not offer any new shipments to its customers outside
This may help to support the prices of fatty alcohols, which have been facing sluggish demand, market players said.
The supply of blended mid-cut C12-14 fatty alcohols, in particular, has tightened because of several plant shutdowns scheduled in the fourth quarter in southeast Asia.
Some producers also have limited stocks to supply in November and December as they have recently received large orders from their customers, which increased their purchases when the prices of feedstock palm kernel oil (PKO) fell to low levels.
In addition to fatty alcohols, Thai Fatty Alcohol’s plant can produce up to 200,000 tonnes/year of methyl ester and 30,000 tonnes/year of glycerine.
The company is owned by Thai Oleochemicals, a subsidiary of PTT Chemical.
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