Novapet migrates commodity PET line to specialities during shutdown

07 March 2013 16:08  [Source: ICIS news]

LONDON (ICIS)--Spain's Novapet has shut down one of its polyethylene terephthalate (PET) lines in Barbastro, Spain, in order to prepare it for a more speciality-focused output, a company source said on Thursday.

"Plant one and three are running at 100%, while plant two is down for technical reasons during March and some of April," the source said, speaking in Spanish.

The 100,000 tonne/year line which normally produces commodity PET, went down on 1 March and will be shut down until some time in April, pending market conditions, the source added.

Once work has been completed, operating rates at Novapet's 30,000 tonne/year speciality line, also in Barbastro, is due to drop to 40%, according to a second company source in November 2012.

Novapet also has a third unit at the same site that has capacity to produce 130,000 tonnes/year of commodity PET.

($1 = €0.77)

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By: Caroline Murray
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