Chemical Week Magazine :: Basic Chemicals & Plastics
Moerdijk fire does not affect price for styrene derivatives
10:06 AM MDT | July 7, 2014 | â€”Francinia Protti-Alvarez
The explosion and fire at a propylene oxideâ€“tyrene monomer (POSM) plant at Shell Chemicalsâ€™ Moerdijk, Netherlands, complex on 4 June has not impacted styrene derivatives beyond the initial market reaction, IHS Chemical says. The POSM plant, part of Shellâ€™s Ellba joint venture with BASF, has capacity for 550,000 m.t./year of styrene. â€śAfter the initial price jump, the [styrene] market soon settled down with the realization that, even with capacity out of action, styrene supply is still relatively comfortable for the time being,â€ť says Martin Wiesweg...
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