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Lotte resumes PET operations at Wilton, FM persists

by ChemOrbis Editorial Team -
  • 31/08/2017 (11:43)
Lotte Chemicals has resumed operations at one of its two PET lines located at Wilton facility, the UK following a force majeure declaration by early August, market sources reported. However, a source from the company noted that the force majeure remains in place and it remains to be seen when the plant will be fully operational.

The company shut its 160,000 tons/year PET line in early August due to a technical glitch, which exacerbated supply tightness in the market and drive spot PET prices to more than 2-year high across Europe.
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