30 January 2013 17:44 [Source: ICIS news]
LONDON (ICIS)--One of Polynt’s maleic anhydride (MA) facilities which uses benzene as a feedstock remains off line because of poor economics, a source at the Italy-based producer confirmed on Wednesday.
“We are not producing MA using the benzene [feedstock] as costs are too high,” said the source.
It added that it would “only restart [production at this unit] if demand improves or benzene costs go down.”
The main downstream outlet for MA is in the unsaturated polyester resin (UPR) sector, which remains in low season in the first quarter of the year.
The benzene-related MA unit, which is located in Scanzorosciate, Bergamo, was taken offline back in the second half of December. The unit has an estimated nameplate capacity for MA of 35,000-36,000 tonnes/year, according to the company.
Polynt has a main MA facility running in Ravenna, Italy, which uses n-butane as feedstock. The unit has the capacity to produce up to 65,000 tonnes/year, according to the company.
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