NOVA to shut us EPS plant for maintenance, restarts Ohio plant

08 October 2013 20:05  [Source: ICIS news]

HOUSTON (ICIS)--NOVA Chemicals plans to shut down for maintenance its 81,500 tonnes/year expandable polystyrene (EPS) plant in Monaca, Pennsylvania, for a two week period starting in late October, a market source said on Tuesday, adding that its EPS Ohio plant restarted last week after maintenance was completed.

The shutdown will be for scheduled maintenance and it may add to current inventory tightness, the source said. The main US producers of EPS are reportedly seeking a price increase of 3 cents/lb ($66/tonne, €49/tonne), effective October, based partly on market tightness, the source said.

The announcement for the shutdown comes as NOVA restarted last week its Painesville, Ohio, plant, which has a 45,000 tonnes/year capacity. That Ohio plant was shut for just one-week maintenance in late September, sources said at the time. It is now running at full capacity, the source added.

A NOVA spokesperson did not immediately reply to a message seeking confirmation or comment.

By: Renzo Pipoli
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