29 May 2013 17:50 [Source: ICIS news]
LONDON (ICIS)--Dow Chemical’s methyl di-p-phenylene isocyanate (MDI) operations at Stade, Germany, are still running at reduced rates and are likely to remain so for the rest of May and June because of ongoing upstream supply constraints, a company source said on Wednesday.
The plant, which has a nameplate capacity of 200,000 tonnes.year, has been running at reduced rates since the fourth quarter of 2012. It had been due to return to normal operations in early May following the expected completion of maintenance at an upstream facility at another site.
However, the restart of the upstream unit was delayed by technical problems and although the upstream plant has resumed output since then it remains at reduced operating rates.
The crude MDI market remains well-supplied, despite recent and ongoiug output constraints, because although demand is reasonable, it could be better for the time of year and is being impacted to some extent by soft macroeconomic conditions.
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