Spanish PET producer Novapet brings forward shutdown

04 October 2013 15:40  [Source: ICIS news]

LONDON (ICIS)--Spanish polyethylene terephthalate (PET) producer Novapet has decided to bring forward a maintenance shutdown in Barbastro, Spain from April next year to later this month because of the dire state of the market, a company source said on Friday.

"On 17 October our largest plant will shut down. We are bringing forward a maintenance shutdown from April 2014 because of the market situation," the source said, speaking in Spanish.

The 130,000 tonne/year plant is due to restart on 7 January.

"The other plants will run normally," the source added.

Novapet has a 30,000 tonne/year PET plant as well as a 100,000 tonne/year speciality plant at the same site.

($1 = €0.73)

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By: Caroline Murray
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