Sibur’s new DOTP plant removing 2-eh supply length in Europe: sources

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London — The startup of normal operations at Sibur’s new 100,000 mt/year dioctyl terephthalate plant in Russia’s Perm Krai region have begun and is already having an effect on availability of 2-eh in , market sources said Thursday.

“The startup was delayed from January, but I believe they are operational now,” a European 2-eh producer said.

Sibur declined to comment Thursday.

Several market sources said Thursday that Sibur’s consumption of 2-eh at the new DOTP conversion plant began to affect 2-eh availability in Europe this week, removing the excess length.

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This might lend support to prices, which have been under downward pressure since the beginning of the year on weaker demand from the construction sector amid continued uncertainty.

DOTP is a phthalate-free plasticizer used in cables, flooring and roof coatings and other materials for various segments of the construction industry.

S&P Global Platts assessed 2-eh last Thursday unchanged at Eur1,050/mt FD NWE. Prices have been stagnant since mid-March despite seasonal expectations.

–Ora Lazic, ora.lazic@spglobal.com

–Edited by Jonathan Fox, newsdesk@spglobal.com

Source: S&P Global Platts