12 September 2013 17:08 [Source: ICIS news]
LONDON (ICIS)--Lotte Chemical UK's purified terephthalic acid (PTA) and polyethylene terephthalate (PET) plants in Wilton, UK, are restarting now that steam has been restored to the site, a company source said on Thursday.
"Steam was restored and the plants are starting up…Force majeure on PET will last a while yet," the source said.
Severe flooding in Wilton, UK, that caused damage to the Wilton International site's steam supplier on Friday, 6 September, resulted in Lotte Chemical UK halting production of PTA and downstream PET. Both the PTA and PET plants have since started ramping up since steam was restored to the site. There has been no additional impact to customers as the PET plant was already in force majeure and PTA customers were on allocation.
Steam supply to Wilton was cut on Friday night, just as Lotte Chemical UK's 165,000 tonne/year PET plant was preparing to ship product out after unplanned maintenance to the solid state polymerisation (SSP) unit. Force majeure on Lotte's laser plus grade PET was declared on 2 August and there are no indications as to when this may be lifted.
Lotte's PTA plant has the capacity to run at 500,000 tonnes/year.
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