IOC Pasadena restarts after month-long closure

: Fertilizers
24/08/08

Major fertilizer producer Interoceanic Corp (IOC) resumed operations nearly a month after Hurricane Beryl rolled through Texas.

The plant restarted earlier this week, allowing the company to reenter the ammonium sulfate market. IOC has offered limited volumes at $335/st fot St Louis, according to market participants.

The Pasadena, Texas, facility had been off line since 8 July because of Hurricane Beryl, which damaged the facility and caused the extended outage. IOC issued a force majeure to its partners in the weeks following the storm.

By Meghan Yoyotte

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