13 August 2013 18:49 [Source: ICIS news]
NEW YORK (ICIS)--Koppers Holdings will undergo a month-long planned outage at its phthalic anhydride (PA) plant in Stickney, Illinois, from mid-September to mid-October for maintenence, a company official said on Tuesday.
Koppers will recatalyse two of its reactors while it conducts its fall maintenance at the 100,000 tonne/year plant, according to the company official.
“We do not anticipate any issues with supply as we have plenty of time to build inventory,” the official said.
Koppers is the only US producer that manufactures flake PA, in addition to molten PA. Capacity breakdown between flake and molten is proprietary information, according to the company official.
August PA pricing is down 2 cents/lb ($44/tonne, €33/tonne) from July on the back of softer feedstock orthoxylene (OX) prices in July. PA monthly contracts are settled on the delta of the previous month’s OX contract price.
PA contract prices are at 77-84 cents/lb free on board (FOB) flake and 78-85 cents/lb delivered (DEL) molten in August.
PA is a key intermediate in the production of plasticizers, which are used to make products such as flexible polyvinyl chloride (PVC).
($1 = €0.75)
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