Lithuania's Neo Group reduces PET output due to gas supply issue

05 September 2013 15:17  [Source: ICIS news]

LONDON (ICIS)--Lithuania's Neo Group is reducing output from its polyethylene terephthalate (PET) plant in Klaipeda to 70-75% in September, because of an external gas supply issue, a company source said on Thursday.

"Our gas supplier is repairing pipes and will close for one day and that will cause a huge decrease of volume of PET," the source said.

A one-day shutdown for pipe repairs at the gas supplier in mid-September will mean that gas will have to be transported to Neo Group’s PET plant by truck for the day.

"…to use [the required] amounts of gas from special tanks is impossible, so we adjust volumes to maximise the possible gas usage," the source explained.

Operating rates at the 320,000 tonne/year PET site will be gradually reduced, resulting in lower power until around 20 September.

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By: Caroline Murray
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