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.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections