(ICIS) -- BP plans to restore commercial production of purified terephthalic acid (PTA) at its sites in Decatur, Alabama, and Cooper River, South Carolina, by the end of next week, a company source said on Thursday.
BP's 1.15m tonne/year Decatur plant went down on 28 April following a storm-related power outage, while a unit at its 750-800, KTa Cooper River site did not restart on schedule after planned maintenance work.
As a result, UK-based BP declared force majeure (FM) on PTA on 28 April, imposing a supply allocation of 50%. On 1 June, this was cut to 25%.
The process of restarting the Cooper River unit should begin on 10 June, with BP estimating commercial production by 13 June.
Once the unit is operational again, it should be possible for BP to remove its 25% allocation on US PTA supply, the source said.