DATE 2014-04-04
Production at Lukoil’s 150,000 tonne/year acrylonitrile (ACN) plant in Saratov, Russia has been suspended for 10 days of maintenance to clean its two reactors, a company source confirmed on Friday.
The outage began on 1 April. The first reactor is expected to come back on line on 8 April, and the second reactor is expected to come online on 10 April, the source added.
The European ACN market has been oversupplied, with spot prices falling $90-180/tonne during March as a result. Spot prices spiked in January and February on the back of global shortages, causing several sellers to overestimate demand levels in March and leading to a surplus of prompt European material.
SOURCE Icis News