Indorama Ventures Dutch PTA output back up by 7-8 September

Indorama Ventures Dutch PTA output back up by 7-8 September

05 September 2013 16:48  [Source: ICIS news]

LONDON (ICIS)--Thailand-based Indorama Ventures's purified terephthalic acid (PTA) plant in Rotterdam, the Netherlands, should be up and running by the 7-8 September following an unplanned outage, a company source said on Thursday.

"We are bringing it back after a 10-day absence…we will probably be seeing [PTA] production by the weekend," the source said.

Mechanical failure at the 350,000 tonne/year PTA site forced shutdowns at the PTA and downstream polyethylene terephthalate (PET) units in Rotterdam on 24-25 August.

Consequently, Indorama is on sales allocation out of its 390,000 tonne/year Dutch PET plant. Material from this PET plant is being replaced with PET from Indorama's other sites in Lithuania and Poland in order to meet commitments, but September spot activity has been stopped.

An external power outage at Indorama's 155,000 tonne/year Workington, UK, PTA plant in August has resulted in this plant being unable to provide replacement PTA to Rotterdam, so feedstock is having to be bought in.

The UK PTA and PET markets are tight, compounded by a force majeure at Lotte Chemical UK in Wilton.

Indorama’s PTA and PET plants in Ottana, Italy, is “running well," the source added.

($1 = €0.76)

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By: Caroline Murray
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