Tamil Nadu Petroproducts to run India LAB plant at 100% by 26 July

23 July 2013 06:06  [Source: ICIS news]

SINGAPORE (ICIS)--India's Tamil Nadu Petroproducts Ltd (TPL) expects to ramp up to full production at its linear alkylbenzene plant by the end of this week, following its restart on 13 July, a source close to the company said on Tuesday.

“The plant is currently operating at 85% of its installed capacity, but is in the process of achieving full output,” the source said.

The 120,000 tonne/year plant, located near Chennai in the Indian state of Tamil Nadu, had been shut down for close to two months because of feedstock issues, the source said.

A shortage, coupled with high cost, of feedstock normal-paraffin globally in recent months forced TPL to keep the plant shut for an extended period, market sources said.

Prices of n-paraffin are currently heard at $1,425-1,470/tonne (€1,083-1,117/tonne) CFR Asia, they said.

LAB prices were assessed at $1,810-1,820/tonne CFR India in the week ended 17 July, according to ICIS.

($1 = €0.76)

By: Prema Viswanathan
+65 6780 4359

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