05 November 2012 09:20 [Source: ICIS news]
The shutdown is expected to last 20 days, and the company will continue to supply stocks during the period, the source said.
However, the company is not concerned about restarting the unit “as the margins are negative in base oils production,” the source added.
The shutdown is expected to pose limited impact on the local market in November as downstream demand from consumers in
The plant has been going on and off stream several times this year, most of which were because of a lack of feedstock supply, the sources added.
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