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Markets :: Basic Chemicals :: Petrochemicals :: Styrene

Shell and Mitsubishi Sever Singapore Styrene Link

9:48 AM MDT | July 31, 2007 | Chemical Week Editorial Staff

Royall: Carefully evaluating Sadaf 3. Shell Chemicals and Mitsubishi Chemical have terminated an agreement that granted Mitsubishi offtake rights to styrene made at the Seraya Chemical and Ellba Eastern plants in Singapore, CW has learned. Mitsubishi sold a total of 380,000 m.t./year of styrene from the plants under terms of the deal, sources say. Ellba Eastern is a 50-50 joint venture between BASF and Shell. “Mitsubishi and Shell have reached final agreement on the termination of Mitsubishi’s styrene capacity rights agreement with Shell in...

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