28 May 2013 07:28 [Source: ICIS news]
SINGAPORE (ICIS)--BASF PETRONAS Chemicals is likely to lift the force majeure on its acrylic acid, oxo-alcohols and acrylate esters by early June this year, the company said on Tuesday.
BASF PETRONAS Chemicals declared force majeure on its oxo-alcohol and acrylic acid and acrylate esters plant at Gebang industrial zone in Kuantan, Pahang, Malaysia, on 9 May.
The company’s key propylene supplier has assured BASF PETRONAS Chemicals that it will be ramping up production and has given firm indication of a normalising of propylene supply in “these few days”, BASF PETRONAS said in a statement.
“Based on this development and assuming all goes according to plan, we are confident of lifting [the] force majeure by early June 2013,” the company said.
The company is now able to accept new orders for June shipments, while fulfilment of contractual needs have increased to a minimum of 80%, from the initial 35%, according to a company source.
BASF PETRONAS runs an oxo-alcohols facility with a nameplate capacity of 240,000 tonnes/year that is able to produce 160,000 tonnes/year of n-butanol (NBA) and 80,000 tonnes/year of 2-ethylhexanol (2-EH).
At the same site, BASF-PETRONAS is also able to produce 160,000 tonnes/year of crude acrylic acid, 75,000 tonnes/year glacial acrylic acid (GAA), 100,000 tonnes/year of butyl acrylate (butyl-A) and 60,000 tonnes/year of 2-ethyhexyl acrylate (2EH-A).
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