Thailand’s BST to stay out of spot MTBE market for rest of 2012

15 November 2012 11:03  [Source: ICIS news]

SINGAPORE (ICIS)--Thailand's Bangkok Synthetics (BST) will remain out of the spot market for methyl tertiary butyl ether (MTBE) for the remainder of the year, a company source said on Thursday.

BST restarted its 55,000 tonne/year MTBE plant at Map Ta Phut in early October, about five months since it was shut. On-spec material was achieved at the plant in mid-October, the source said.

“Although we have on-spec material, we have to supply to our term contracted customers first, so we will not be offering any spot,” the source said.

It remains unclear whether spot material will be available heading into 2013, he said.

Currently, the MTBE unit is running below 50% of nameplate capacity because of persistent feedstock issues.

MTBE is used as an additive to improve the octane levels in gasoline.


Author: Ong Sheau Ling



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