09 May 2013 17:30 [Source: ICIS news]
LONDON (ICIS)--DSM will gradually restart its 250,000 tonne/year caprolactam (capro) plant in Geleen, the Netherlands, from Wednesday 15 May, a source at the petrochemical major said on Thursday.
The company declared force majeure at the plant following a fire on 23 April, a company source previously confirmed.
The plant had been expected to remain offline for roughly one month. Nevertheless, progress with electrical work has meant the plant will be brought on line slowly from next Wednesday, the company source said.
European capro producers had been targeting aggressive price rises by as much as €120/tonne ($158/tonne) in May contracts in the wake of the force majeure declaration, in anticipation of limited availability in Europe throughout the month as a result.
The plant outage also resulted in the suspension of DSM’s sulphuric acid production, and has meant that they are not consuming sulphur for the time being. The force majeure was also declared to DSM’s phenol suppliers.
Additional reporting by Meena Chauhan and Julia Meehan
($1 = €0.76)
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