Total lifts ARO 150 force majeure in the US

04 June 2013 23:41  [Source: ICIS news]

HOUSTON (ICIS)--Total Petrochemicals said on Tuesday that it has lifted its force majeure on aromatics 150 (ARO 150).

The company had declared force majeure on ARO 150 in early May but did not specify the cause.

Total said last week that it expected ARO 150 production to be back online by the end of June.

ARO 150 supply remains tight in the US Gulf and Midwest on the back of strong demand from the agricultural industry.

Current US Gulf ARO 150 prices at 73.00-79.50 cents/lb ($1,609-1,753/tonne).

By: Brian Balboa
+1 713 525 2653

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