Indonesia’s TPPI continues to keep Tuban aromatics facility shut

10 June 2014 07:13 Source:ICIS News

SINGAPORE (ICIS)--Indonesia’s Trans Pacific Petrochemical Indotama (TPPI) has not confirmed a restart date for its currently shut aromatics facility in Tuban, sources familiar with the matter said on Tuesday.

A firm restart date will depend on whether market conditions will improve in the near term, according to industry sources.

The aromatics facility was shut in end-May because of weak market conditions, sources said.

TPPI will typically require a spread of $350-400/tonne between heavy naphtha and paraxylene (PX) to operate the facility, the sources added.

The aromatics facility has a nameplate capacity of 550,000 tonnes/year of PX and 360,000 tonnes/year of benzene.

By Samuel Wong