DATE : 2013-08-22

Lukoil will stop production at its 150,000 tonne/year Acrylonitrille (ACN) plant in Saratov, Russia, in late September for maintenance, a source at the Russian oil and gas major said on Thursday.

The outage will last for one month, and begin on 23 September, the source confirmed.

Lukoil is currently stockpiling ACN to take it through the outage, the source added.

European ACN demand is weak because of poor macroeconomic conditions and traditional end-user holiday outages. The majority of buying interest is being covered on a contractual basis.  

SOURCE Icis News