25 February 2014 08:37 [Source: ICIS news]
SINGAPORE (ICIS)--Iran’s Fanavaran Petrochemical is currently running its 150,000 tonne/year acetic acid plant at Bandar Imam Khomeini at 70% capacity following an almost 3-month outage caused by a shortage of feedstock gas, a company official said on Tuesday.
“The plant was restarted 2 or 3 days ago after repairs on the cooling unit were completed,” the official said.
Plant operations are expected to proceed smoothly going forward in view of the warmer weather, added the official.
The producer is unlikely to have any acetic acid spot lots to export until April because it has to meet domestic demand first.
The producer hopes to raise the acetic acid plant operating rates to 90% capacity by next week.
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