The formula contract price of ethylene oxide in Europe for the supply in September was abandoned at the level of August against the background of stable prices the main raw material – ethylene, according to ICIS.

Typically, the price of ethylene oxide is put 80-85% ethylene prices.

Thus, the September price of ethylene oxide remained at the level of EUR1 104-1 271 per ton, FD NWE (northwest Europe) and EUR1 159-1 316 per ton, FD Mediterranean Sea.

The contract price of ethylene in Europe for the supply in September has been agreed at the level of EUR925 per tonne, which corresponds to the price in August.

As reported earlier MRC, JSC “Sibur Petrochemicals”, a subsidiary of Russia’s largest petrochemical holding SIBUR plans in early September to carry out planned maintenance work on the production of ethylene oxide in Dzerzhinsk. Repair work will last about one month. Power production Sibur Petrochemicals Ethylene oxide is 300 th. Tons per year.