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Evonik's Marl and Antwerp butadiene units go offline this month

Increase font size  Decrease font size Date:2017-01-11   Views:957
Evonik's Marl butadiene unit in Germany and its Antwerp facility in Belgium are expected to go offline in January, sources said Friday.

Both units are expected to be down for 10-12 days this month but it isn't yet clear when they will go down, one source said Friday.

Evonik wasn't immediately available for comment on the matter.

The Marl unit has a butadiene capacity of around 220,000 mt/year and the Antwerp unit increased butadiene capacity by 100,000 mt in 2015.

The outages comes after European butadiene FOB Rotterdam prices hit a more than three-and-a-half year high on Friday of $1,828/mt, the highest level since April 25, 2013. Prices spiked on a surge in Asia pulling in material and tight European availability, sources said.
 
 
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