IHS Chemical Week

Chemical Week Magazine :: Basic Chemicals & Plastics

Moerdijk fire does not affect price for styrene derivatives

9:26 AM MDT | July 7, 2014 | —Francinia Protti-Alvarez

The explosion and fire at a propylene oxide–tyrene monomer (POSM) plant at Shell Chemicals’ Moerdijk, Netherlands, complex on 4 June has not impacted styrene derivatives beyond the initial market reaction, IHS Chemical says. The POSM plant, part of Shell’s Ellba joint venture with BASF, has capacity for 550,000 m.t./year of styrene. “After 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,” says Martin Wiesweg...

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