Soda ash market to feel supply shortage?

摘要

European soda ash fundamentals could radically alter from 18 September as Ciech looks to hibernate its plant in Govora,Romania following the termination of a deal for industrial process steam with its supplier.According to a source,the plant is being prepared for the hibernation and currently running at 20-30% reduced rates.The hibernation could last up to three years if no alternative suppliers are found and further investments are required to ensure independent supplies of steam to the plant.The plant has a nameplate capacity of 650,000 tonnes/year,representing close to 8% of nameplate capacity in Europe(excluding Turkey and Russia).