04 June 2013 12:43 [Source: ICIS news]
Correction: In the ICIS story headlined "Czech Spolchemie shuts down ECH, LER units due to floods" dated 4 June 2013, please read in the first paragraph ...because the Elbe is flooding... instead of ...because the Danube is flooding... A corrected story follows.
LONDON (ICIS)--Czech epichlorohydrin (ECH) and liquid epoxy resins (LER) producer Spolchemie has had to stop production because the Elbe is flooding and utilities have been cut at its Usti nad Labem plant, a company source said on Tuesday.
The plant has a 24,000 tonne/year ECH and a 60,000 tonnes/year LER nameplate capacity.
The company will evaluate on Friday whether they can restart the plant or not, but for now there is enough material in storage to supply regular customers.
The source said that the company is taking no further orders to be able to satisfy contract volumes. Market sources said that the shutdown will have little impact in the short term if the plant restarts soon, but if the floods continue, it could make the local LER and ECH markets tight.
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