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Styrindo Monomer Indonesia reports unscheduled outage at SM unit

April 16/2020

MOSCOW (MRC) -- Styrindo Monomer Indonesia (SMI), has taken off-stream its Styrene monomer (SM) unit owing to technical issues, as per Apic-online.

A Polymerupdate source in Indonesia informed that, the company halted operations at the unit on April 14, 2020. The exact duration of the shutdown could not be ascertained.

Located at Merak, Indonesia, the SM unit has a production capacity of 100,000 mt/year.

As MRC reported earlier, in mid-January 2015, SMI resumed production at its SM plant No. 2 in Merak, whereas the company's SM plant No. 1 with the capacity of 100,000 tonnes per year remained off-stream because of weak demand for SM in Asia (the unit was shut in December 2014). Besides, No. 1 SM plant was shut in early September 2015 for a one-month turnaround.

According to ICIS-MRC Price report, in Russia, Nizhnekamskneftekhim reduced its April selling PS prices by  Rb10,000/tonne. General pupose polystyrene (GPPS) for injection moulding and extrusion was offered at Rb86,000-90,000/tonne CPT Moscow, including VAT, whereas high impact polystyrene (HIPS) - at Rb90,000-94,000/tonne CPT Moscow, including VAT.  Penoplex reduced its GPPS prices by Rb10,000/tonne. Demand for the Kirishi plant's material remained quite good. And Gazprom neftekhim Salavat reduced its indicative prices by Rb8,000/tonne, and its GPPS prices for small- and medium-sized buyers have not been settled yet.

Styrindo Mono Indonesia (SMI) is an affiliate of one of the major petrochemical producers in Indonesia - Chandra Asri.
Author:Margaret Volkova
Tags:PS, GPPS, styrene, HIPS, injection moulding, other extrusion, Gazprom neftekhim Salavat, Nizhnekamskneftekhim, Penoplex-Kirishy, Styrindo Mono Indonesia, Indonesia, Russia.
Category:General News
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