28 August 2013 23:03 [Source: ICIS news]
HOUSTON (ICIS)— Americas Styrenics, a producer of styrene and polystyrene (PS), is planning to shut down on one of three existing lines at its 360,000 tonne/year PS plant in Marietta, Ohio, in October, market participants said on Wednesday.
The specific timing in October has not been disclosed, though one source estimated the shutdown of part of the company’s biggest plant could last for most of the month. Company spokesperson Joe Hulett did not immediately respond to requests for confirmation or comment.
Besides the Marietta plant, the Houston-based company has four other PS plants in the US: in Joliet, Illinois, with a 125,000 tonne/year capacity; in Torrance, California, with 115,000 tonnes/year; in Hanging Rock, Ohio, with 85,000 tonnes/year; and in Allyns Point, Connecticut, with 73,000 tonnes/year, according to sources.
The other plants are expected to compensate for the lost production, sources said. In addition, demand for PS can be weaker at that time of the year, one market source added.
Additional reporting by Renzo Pipoli
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