19 June 2013 14:29 [Source: ICIS news]
LONDON (ICIS)--BASF’s toluene di-isocyanate (TDI) facility at Schwarzheide in Germany has been forced to run at restricted operating rates for technical reasons, said a company source on Wednesday.
The technical problems have impacted TDI output at Schwarzheide this week, said the company source, who maintained that contracts are being covered. Precise details about the expected timeframe for TDI output restrictions, however, are not yet forthcoming.
The nameplate capacity for TDI at Schwarzheide is 80,000 tonnes/year, according to the company source.
The European TDI market is largely described as long, because of subdued demand both domestically and for exports. This is attributed to reduced confidence and spending in Europe in downstream sectors such as bedding and furniture.
Export opportunities for European producers to the Middle East and Africa (MEAF) have been dampened by strong competition from Asia and the slowdown associated with the Ramadan festival in parts of the MEAF in July.
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