Company News
September 27, 2021
Vita Acquisition
Manchester foam products group acquires mattress manufacturer
Acquisitions September 27 2021
Manchester private equity firm NorthEdge and The Belfield Group have completed the sale of Usleep, a specialist mattress manufacturer, to The Vita Group, the Middleton-based manufacturer of premium foam products, for an undisclosed sum.
Usleep is a subsidiary of upholstery and home furnishings manufacturer Belfield, which secured private equity investment from NorthEdge in 2016.
It provides an end-to-end service for its customers, from product design and development through to fulfilment, from two well-invested manufacturing sites in Ashton-under-Lyne and Castle Donnington.
Usleep is a zero waste to landfill business that works closely with its suppliers and customers to encourage sustainability and best-in-class business ethics.
The divestment of the Usleep subsidiary, which provides the second strong return for NorthEdge Fund II in the last quarter, follows a successful partnership between NorthEdge and Belfield.
During the partnership there has been significant investment into Usleep’s manufacturing facilties, providing capacity for growth and the capability to deliver market leading operational efficiency through semi-automated manufacturing – resulting in the business doubling EBITDA during the investment period.
Usleep serves market leading direct-to-consumer and omni-channel retailers, and continued to trade strongly throughout the COVID-19 pandemic as a result of the structural channel shift to online and the segment growth of foam and hybrid mattresses.
Vita’s acquisition of Usleep will allow the business to continue to grow its manufacturing capabilities and expand further internationally. The business will continue to be led by Paul Glynn, mattress divisional managing director, and Usleep managing director, Tina Tombs.
Gary Lasham, CEO of Belfield, said: “The backing we’ve had from NorthEdge has been excellent. They have supported the business with over £6m investment over the last four years to facilitate continued growth, including £2m to expand Usleep’s manufacturing capabilities in 2018.
“They have also driven our continuous focus on operational excellence, people and health and safety. Together we’ve built a high performing business, and we’re thrilled to have secured a new partner for Usleep that will allow the business to continue to achieve its full potential.”
Tom Rowley, director and head of Yorkshire and North East at NorthEdge, who led the Belfield MBO in 2016 alongside NorthEdge managing partner Grant Berry, said: “Usleep has consistently been a strong business in The Belfield Group. It is led by a highly experienced senior leadership team and has long standing customer and supplier relationships.
“During our partnership we have invested heavily into Usleep’s facilities, focussing on delivering operational excellence. As a result Usleep are the partner of choice for high growth omni channel and online retailers, and have the capability to continue expanding in line with increasing demand.”
Nicola McQuaid, director at NorthEdge, said: “It was vital for us to find the right partner for the next phase of Usleep’s growth.
“Vita has been supplying Usleep for some time, so they already had a strong relationship with the business and the management team, and critically recognised Usleep’s growth potential in the UK and internationally. We are looking forward to watching the business continue to grow over the coming years under Paul and Tina’s leadership.”
Paul Glynn, managing director of Usleep, said: “We’d like to thank the teams at Belfield and NorthEdge for their support over the years, and we can’t wait to see what the future holds for Usleep in partnership with Vita.”
Speaking on behalf of The Vita Group, group CEO Ian Robb said: “We are very excited to have Usleep join the Vita family. Usleep aligns with our values of safety, responsibility, resourcefulness, integrity, and innovation.
“Together, we look forward to supporting our customers and suppliers. This acquisition will enable collaboration on innovation across the end-to-end service, from unique foam technologies through to innovative mattress design.”
This will be the third acquisition completed by Vita in 2021 following the acquisitions of IMPE Srl, located in Naples, Italy, in the first quarter and UK-based Technical Foam Services in quarter two.
The Usleep acquisition significantly enhances and accelerates Vita’s strategy to grow its bedding business across Europe.
Vita has existing mattress production facilities in France, Germany, Romania, The Netherlands, UK and Hungary. Vita has long term strategic relationships with a range of global partners in the bedding sector, building on a wide range of R&D capabilities via its innovation centres in the UK (bedding) and Lithuania (chemistry/formulation).
NorthEdge and The Belfield Group were advised by Deloitte (lead advisory), Addleshaw Goddard (legal), PwC (FDD) and KPMG (tax structuring).
Vita was advised by DLA (legal), PwC (FDD, ops DD, tax), RSK (environmental DD) and Lockton (W&I broker).
www.thebusinessdesk.com/northwest/news/2086057-manchester-foam-products-group-acquires-mattress-manufacturer
September 27, 2021
BASF in China
BASF sees Zhanjiang site generating up to €5B in annual sales
Sep. 27, 2021 8:08 AM ETBASF SE (BASFY)By: Carl Surran, SA News Editor
- BASF (OTCQX:BASFY) says it expects the Zhanjiang chemical complex under construction in southern China will deliver €4B-€5B ($4.69B-$5.86B) in annual sales by 2030.
- The company says the Zhanjiang project, which will cost €8B-€10B, likely will contribute €1B-€1.2B to EBITDA by 2030.
- BASF expects two-thirds of the world’s chemical production will take place in China by 2030, and that the Zhanjiang plant ultimately would become the company third-largest production site after its Ludwigshafen headquarters in Germany and a complex in Antwerp, Belgium.
September 27, 2021
BASF in China
BASF sees Zhanjiang site generating up to €5B in annual sales
Sep. 27, 2021 8:08 AM ETBASF SE (BASFY)By: Carl Surran, SA News Editor
- BASF (OTCQX:BASFY) says it expects the Zhanjiang chemical complex under construction in southern China will deliver €4B-€5B ($4.69B-$5.86B) in annual sales by 2030.
- The company says the Zhanjiang project, which will cost €8B-€10B, likely will contribute €1B-€1.2B to EBITDA by 2030.
- BASF expects two-thirds of the world’s chemical production will take place in China by 2030, and that the Zhanjiang plant ultimately would become the company third-largest production site after its Ludwigshafen headquarters in Germany and a complex in Antwerp, Belgium.
September 23, 2021
Storm Updates
Tropical Storm Nicholas – Update 13
Updated 9/22/2021 at 2:00 p.m. CDT – Updates in bold
Nicholas made landfall southwest of Sargent, TX as a Category 1 Hurricane with maximum sustained winds of 75 mph at approximately 12:30 a.m. CDT on Sep 14. The storm was shortly downgraded back to a tropical storm.
According to poweroutage.us, power was mostly restored in the impacted Texas coastal area as of Tuesday, Sep 21.
CHEMICAL & REFINING OPERATIONS
- LyondellBasell’s Matagorda Complex in Bay City, TX had resumed operations as of Sep 22, the facility had previously safely shut down due to widespread power outages in the area (per company spokesperson)
Hurricane Ida – Update 36
Updated 9/22/2021 at 2:00 p.m. CDT – Updates in bold
Hurricane Ida made landfall near Port Fourchon, LA around 11:55 a.m. CDT on Sunday, Aug 29 as an “extremely dangerous” Category 4 storm with maximum sustained winds of 150 mph, which is very close to a Category 5 hurricane, and a minimum central pressure of 930 mb, according to the National Weather Service (NWS) National Hurricane Center (NHC).
The storm maintained major category strength as it made its way over most of the petrochemical industry in southeastern Louisiana. At approximately 9 p.m. CDT on Sunday, Aug 29, an estimated nine hours after making landfall, Hurricane Ida weakened to a Category 2 hurricane with its eye just north of Garyville, LA, according to NWS. By 11 p.m. CDT, Hurricane Ida had decreased to a Category 1 hurricane near Maurepas, LA.
Louisiana produces nearly 25 billion pounds of ethylene each year (29% of US capacity). Based on the path of Hurricane Ida, it is estimated that 61.5% Louisiana’s ethylene capacity was offline immediately after the storm’s landfall, representing approximately 18% of total US capacity. For a list of current ethylene capacity that is offline by facility, please see page 7 of the OPIS PCW Daily Wire report.
Downstream, the storm affected roughly 14% of North American PE capacity, 11% of North American PP capacity and 25% of North American PS capacity. Approximately 40% of US PVC production was down. Hurricane Ida impacted 44% of the US styrene capacity (37% of North American capacity).
According to poweroutage.us, an estimated 25,790 customers were without power in southeastern Louisiana as of Wednesday, Sep 22 at approximately 1:45 p.m. CDT; this compares to an estimated 20,008 outages on Sep 21. Please see the “Facility Location by Parish” section below for power outage details by parish according to data published by poweroutage.us.
FACILITY LOCATION BY PARISH
Ascension Parish – estimated 0.4% tracked customers without power
- BASF at Geismar
- Lion Copolymer at Geismar
- Lonestar at Geismar
- NOVA at Geismar
- Occidental at Geismar
- Shell at Geismar
- Westlake at Geismar
East Baton Rouge Parish – estimated 0% tracked customers without power
- Deltech at Baton Rouge
- ExxonMobil at Baton Rouge
- Formosa at Baton Rouge
Iberville Parish – estimated 0.2% tracked customers without power
- Dow at Plaquemine
- Shintech at Plaquemine
- Total at Carville
- Westlake at Plaquemine
Jefferson Parish – estimated 1.7% tracked customers without power
- Cornerstone at Fortier
Plaquemines Parish – estimated 0.5% tracked customers without power
- Phillips 66 at Belle Chasse
St Bernard Parish – estimated 0% tracked customers without power
- Chalmette Refining (PBF) at Chalmette
- Murphy Oil (Valero) at Meraux
St Charles Parish – estimated 3.8% tracked customers without power
- Dow at St Charles
- Motiva at Norco
- Shell at Norco
- Valero at St Charles
St James Parish – estimated 0.2% tracked customers without power
- Occidental at Convent
- Americas Styrenics at St James
St John the Baptist Parish – estimated 22.3% tracked customers without power
- Marathon at Garyville
- Pinnacle Polymers at Garyville
West Baton Rouge Parish – estimated 0% tracked customers without power
- ExxonMobil at Port Allen
- Placid Refining at Port Allen
- Shintech at Addis
CHEMICAL & REFINING OPERATIONS
Facilities that have begun the restart process:
- Americas Styrenics began restart processes at its facility in St James, LA on Sep 12; the facility previously closed in preparation for the storm (per company spokesperson)
- Chalmette Refining (PBF Energy) at Chalmette, LA was confirmed to have restarted and is understood to be running at normal rates; the facility originally lost power on Aug 29 (per company spokesperson)
- Dow Chemical has begun bringing operations back online at Plaquemine, LA as of Sep 8 as third-party utility balances and raw materials availability allow; the facility was originally shut on Aug 29 (per company website)
- ExxonMobil stated on Sep 2 that it is in the process of restarting its refinery at Baton Rouge; the last update provided about the Baton Rouge chemical facilities was on Aug 31: “The Baton Rouge refinery, chemical plant and other ExxonMobil Baton Rouge facilities are safely progressing restart procedures. Our facilities did not sustain any significant damage during the hurricane.” The refinery had shut on Aug 30 (per company website)
- NOVA Chemicals said on Sep 17 that its “Geismar site has restarted and is operational”; the company began a safe and controlled shutdown of its facility in preparation for the storm on Aug 27 (per company spokesperson)
- OxyChem’s plants at Geismar, LA have returned to normal operations, and the plants at Convent, LA were in the process of coming online as of Sep 17; the plants at Taft, LA are expected to restart the week of Sep 20 (per company spokesperson)
- Pinnacle Polymers restarted the first line of its Garyville, LA plant and was producing prime resin as of the evening of Sep 15; the second line restarted and was expected to be producing prime resin on Sep 16 (per company source); the company declared force majeure on Aug 30 for all PP products due to the impacts of Hurricane Ida (per customer letter)
- Placid Refining at Port Allen, LA has power supply restored and after borrowing 300,000 bbl of crude from the Strategic Petroleum Reserve has been able to begin restarting processing units during the week of Sep 7 (OPIS News)
- Shell announced its Geismar, LA facility had restarted as of Sep 14 at 7 p.m. CDT, noting that the site was operating at reduced rates as it continued to experience utility and feedstocks constraints but has resumed loading and shipping product, subject to product availability (per company website)
- Valero refinery restarts were underway as of Sep 14 at the Meraux (Murphy Oil) and St Charles, LA sites near New Orleans, including Diamond Green Diesel; the facilities shut down prior to the storm making landfall (per company website)
- Westlake Chemical’s plants at Geismar and Plaquemine, LA were running at low rates and were waiting on an increase in nitrogen feed to ramp up further; the two facilities shut prior to Ida’s landfall; on Aug 31, the company reported limited damage and that restart was dependent primarily on availability of utilities, feedstocks and industrial gases (per company spokesperson); the company declared a system-wide force majeure on Aug 31 on PVC and VMC out of these two facilities (per customer letter)
Petrochemical assets that are confirmed to have shut include:
- BASF shut down its facility in Geismar, LA in anticipation of the Hurricane Ida (per company spokesperson)
- Cornerstone at Fortier, LA, which produces acrylonitrile, shut down on Aug 28 in preparation for Hurricane Ida; the facility lost power on Aug 29 and was running on auxiliary power to maintain key safety and environmental equipment as of Aug 31; the company completed an assessment on Aug 30 and found “no significant damage to Cornerstone assets. There are wind driven impacts to secondary building roofing systems, cooling tower exteriors, and insulation. First repairs commenced on August 31, 2021. At this time we do not believe damages incurred within the Cornerstone Energy Park fence line will impact a restart schedule.” (per company report on Aug 31)
- Dow declared force majeure on HDPE and LLDPE from its Taft (St Charles), LA plant on Sep 8, citing the unplanned shutdown and disruptions in operations, logistics and raw material supply due to Hurricane Ida, the company said that the St Charles site was “making progress toward restart of operations” and it expects to have a clearer timeline for restart sequencing later that week, based on repairs and as third-party utility balances and raw materials availability allow; the facility was originally shut on Aug 29 (per customer letter/company website)
- Galata Chemicals, which produces additives used by the PVC industry, on Aug 30 declared force majeure on supply of products manufactured at its facility in Taft, LA due to lack of electricity, availability of equipment for inbound and outbound shipments as well as other factors (per customer letter)
- Lion Elastomers announced on Sep 1 that its EPDM facility at Geismar, LA sustained no significant damage from Hurricane Ida, the site was waiting to confirm “a stable return of electrical power and utilities, personnel, and the required feedstocks” to being the process of returning to normal production and business operations; the company had previously idled production at this facility on Aug 30 in preparation for the storm (per company website)
- Marathon Petroleum’s refinery at Garyville, LA safely shut down prior to Hurricane Ida’s landfall; on Aug 31, minor damage was confirmed, generators were being used to “power aspects of our operations that enable us to progress with repairs and assessments” (per company spokesperson)
- Phillips 66 shut operations on Aug 27 at the Alliance Refinery in Belle Chasse, LA; on Aug 30, the company confirmed that there was water in the refinery and the facility remained shut; on Sep 1, the company confirmed it “discovered a sheen of unknown origin in some flooded areas of Alliance Refinery. At this time, the sheen appears to be secured and contained within refinery grounds… A full post-storm assessment remains underway at the refinery…The refinery remains shut down. Timelines for operational restarts are largely dependent on assessment impacts and access to electricity and other utilities.” (per company website)
- Shell issued an update about Norco, LA on Sep 12: “The Shell Norco Manufacturing facility continues to assess impacts from Hurricane Ida. The site continues to flare residual light hydrocarbon material with visible smoking. We are continuing to complete repairs and we are making improvements to minimize visible flaring until power is fully restored…” (per company website)
- TotalEnergies (Cosmar) at Carville, LA said on Sep 7 that partial power was restored at its PS plant in Carville, LA and that a restart plan was being developed based on power and outside service availability; the unit shut down prior to Hurricane Ida’s landfall (per company spokesperson)
Additional petrochemical assets in Louisiana that were in the path of Hurricane Ida and are understood to have shut include:
- Deltech at Baton Rouge
- Lonestar at Geismar
- Motiva at Norco
www.petrochemwire.com/storm-coverage/
September 23, 2021
Storm Updates
Tropical Storm Nicholas – Update 13
Updated 9/22/2021 at 2:00 p.m. CDT – Updates in bold
Nicholas made landfall southwest of Sargent, TX as a Category 1 Hurricane with maximum sustained winds of 75 mph at approximately 12:30 a.m. CDT on Sep 14. The storm was shortly downgraded back to a tropical storm.
According to poweroutage.us, power was mostly restored in the impacted Texas coastal area as of Tuesday, Sep 21.
CHEMICAL & REFINING OPERATIONS
- LyondellBasell’s Matagorda Complex in Bay City, TX had resumed operations as of Sep 22, the facility had previously safely shut down due to widespread power outages in the area (per company spokesperson)
Hurricane Ida – Update 36
Updated 9/22/2021 at 2:00 p.m. CDT – Updates in bold
Hurricane Ida made landfall near Port Fourchon, LA around 11:55 a.m. CDT on Sunday, Aug 29 as an “extremely dangerous” Category 4 storm with maximum sustained winds of 150 mph, which is very close to a Category 5 hurricane, and a minimum central pressure of 930 mb, according to the National Weather Service (NWS) National Hurricane Center (NHC).
The storm maintained major category strength as it made its way over most of the petrochemical industry in southeastern Louisiana. At approximately 9 p.m. CDT on Sunday, Aug 29, an estimated nine hours after making landfall, Hurricane Ida weakened to a Category 2 hurricane with its eye just north of Garyville, LA, according to NWS. By 11 p.m. CDT, Hurricane Ida had decreased to a Category 1 hurricane near Maurepas, LA.
Louisiana produces nearly 25 billion pounds of ethylene each year (29% of US capacity). Based on the path of Hurricane Ida, it is estimated that 61.5% Louisiana’s ethylene capacity was offline immediately after the storm’s landfall, representing approximately 18% of total US capacity. For a list of current ethylene capacity that is offline by facility, please see page 7 of the OPIS PCW Daily Wire report.
Downstream, the storm affected roughly 14% of North American PE capacity, 11% of North American PP capacity and 25% of North American PS capacity. Approximately 40% of US PVC production was down. Hurricane Ida impacted 44% of the US styrene capacity (37% of North American capacity).
According to poweroutage.us, an estimated 25,790 customers were without power in southeastern Louisiana as of Wednesday, Sep 22 at approximately 1:45 p.m. CDT; this compares to an estimated 20,008 outages on Sep 21. Please see the “Facility Location by Parish” section below for power outage details by parish according to data published by poweroutage.us.
FACILITY LOCATION BY PARISH
Ascension Parish – estimated 0.4% tracked customers without power
- BASF at Geismar
- Lion Copolymer at Geismar
- Lonestar at Geismar
- NOVA at Geismar
- Occidental at Geismar
- Shell at Geismar
- Westlake at Geismar
East Baton Rouge Parish – estimated 0% tracked customers without power
- Deltech at Baton Rouge
- ExxonMobil at Baton Rouge
- Formosa at Baton Rouge
Iberville Parish – estimated 0.2% tracked customers without power
- Dow at Plaquemine
- Shintech at Plaquemine
- Total at Carville
- Westlake at Plaquemine
Jefferson Parish – estimated 1.7% tracked customers without power
- Cornerstone at Fortier
Plaquemines Parish – estimated 0.5% tracked customers without power
- Phillips 66 at Belle Chasse
St Bernard Parish – estimated 0% tracked customers without power
- Chalmette Refining (PBF) at Chalmette
- Murphy Oil (Valero) at Meraux
St Charles Parish – estimated 3.8% tracked customers without power
- Dow at St Charles
- Motiva at Norco
- Shell at Norco
- Valero at St Charles
St James Parish – estimated 0.2% tracked customers without power
- Occidental at Convent
- Americas Styrenics at St James
St John the Baptist Parish – estimated 22.3% tracked customers without power
- Marathon at Garyville
- Pinnacle Polymers at Garyville
West Baton Rouge Parish – estimated 0% tracked customers without power
- ExxonMobil at Port Allen
- Placid Refining at Port Allen
- Shintech at Addis
CHEMICAL & REFINING OPERATIONS
Facilities that have begun the restart process:
- Americas Styrenics began restart processes at its facility in St James, LA on Sep 12; the facility previously closed in preparation for the storm (per company spokesperson)
- Chalmette Refining (PBF Energy) at Chalmette, LA was confirmed to have restarted and is understood to be running at normal rates; the facility originally lost power on Aug 29 (per company spokesperson)
- Dow Chemical has begun bringing operations back online at Plaquemine, LA as of Sep 8 as third-party utility balances and raw materials availability allow; the facility was originally shut on Aug 29 (per company website)
- ExxonMobil stated on Sep 2 that it is in the process of restarting its refinery at Baton Rouge; the last update provided about the Baton Rouge chemical facilities was on Aug 31: “The Baton Rouge refinery, chemical plant and other ExxonMobil Baton Rouge facilities are safely progressing restart procedures. Our facilities did not sustain any significant damage during the hurricane.” The refinery had shut on Aug 30 (per company website)
- NOVA Chemicals said on Sep 17 that its “Geismar site has restarted and is operational”; the company began a safe and controlled shutdown of its facility in preparation for the storm on Aug 27 (per company spokesperson)
- OxyChem’s plants at Geismar, LA have returned to normal operations, and the plants at Convent, LA were in the process of coming online as of Sep 17; the plants at Taft, LA are expected to restart the week of Sep 20 (per company spokesperson)
- Pinnacle Polymers restarted the first line of its Garyville, LA plant and was producing prime resin as of the evening of Sep 15; the second line restarted and was expected to be producing prime resin on Sep 16 (per company source); the company declared force majeure on Aug 30 for all PP products due to the impacts of Hurricane Ida (per customer letter)
- Placid Refining at Port Allen, LA has power supply restored and after borrowing 300,000 bbl of crude from the Strategic Petroleum Reserve has been able to begin restarting processing units during the week of Sep 7 (OPIS News)
- Shell announced its Geismar, LA facility had restarted as of Sep 14 at 7 p.m. CDT, noting that the site was operating at reduced rates as it continued to experience utility and feedstocks constraints but has resumed loading and shipping product, subject to product availability (per company website)
- Valero refinery restarts were underway as of Sep 14 at the Meraux (Murphy Oil) and St Charles, LA sites near New Orleans, including Diamond Green Diesel; the facilities shut down prior to the storm making landfall (per company website)
- Westlake Chemical’s plants at Geismar and Plaquemine, LA were running at low rates and were waiting on an increase in nitrogen feed to ramp up further; the two facilities shut prior to Ida’s landfall; on Aug 31, the company reported limited damage and that restart was dependent primarily on availability of utilities, feedstocks and industrial gases (per company spokesperson); the company declared a system-wide force majeure on Aug 31 on PVC and VMC out of these two facilities (per customer letter)
Petrochemical assets that are confirmed to have shut include:
- BASF shut down its facility in Geismar, LA in anticipation of the Hurricane Ida (per company spokesperson)
- Cornerstone at Fortier, LA, which produces acrylonitrile, shut down on Aug 28 in preparation for Hurricane Ida; the facility lost power on Aug 29 and was running on auxiliary power to maintain key safety and environmental equipment as of Aug 31; the company completed an assessment on Aug 30 and found “no significant damage to Cornerstone assets. There are wind driven impacts to secondary building roofing systems, cooling tower exteriors, and insulation. First repairs commenced on August 31, 2021. At this time we do not believe damages incurred within the Cornerstone Energy Park fence line will impact a restart schedule.” (per company report on Aug 31)
- Dow declared force majeure on HDPE and LLDPE from its Taft (St Charles), LA plant on Sep 8, citing the unplanned shutdown and disruptions in operations, logistics and raw material supply due to Hurricane Ida, the company said that the St Charles site was “making progress toward restart of operations” and it expects to have a clearer timeline for restart sequencing later that week, based on repairs and as third-party utility balances and raw materials availability allow; the facility was originally shut on Aug 29 (per customer letter/company website)
- Galata Chemicals, which produces additives used by the PVC industry, on Aug 30 declared force majeure on supply of products manufactured at its facility in Taft, LA due to lack of electricity, availability of equipment for inbound and outbound shipments as well as other factors (per customer letter)
- Lion Elastomers announced on Sep 1 that its EPDM facility at Geismar, LA sustained no significant damage from Hurricane Ida, the site was waiting to confirm “a stable return of electrical power and utilities, personnel, and the required feedstocks” to being the process of returning to normal production and business operations; the company had previously idled production at this facility on Aug 30 in preparation for the storm (per company website)
- Marathon Petroleum’s refinery at Garyville, LA safely shut down prior to Hurricane Ida’s landfall; on Aug 31, minor damage was confirmed, generators were being used to “power aspects of our operations that enable us to progress with repairs and assessments” (per company spokesperson)
- Phillips 66 shut operations on Aug 27 at the Alliance Refinery in Belle Chasse, LA; on Aug 30, the company confirmed that there was water in the refinery and the facility remained shut; on Sep 1, the company confirmed it “discovered a sheen of unknown origin in some flooded areas of Alliance Refinery. At this time, the sheen appears to be secured and contained within refinery grounds… A full post-storm assessment remains underway at the refinery…The refinery remains shut down. Timelines for operational restarts are largely dependent on assessment impacts and access to electricity and other utilities.” (per company website)
- Shell issued an update about Norco, LA on Sep 12: “The Shell Norco Manufacturing facility continues to assess impacts from Hurricane Ida. The site continues to flare residual light hydrocarbon material with visible smoking. We are continuing to complete repairs and we are making improvements to minimize visible flaring until power is fully restored…” (per company website)
- TotalEnergies (Cosmar) at Carville, LA said on Sep 7 that partial power was restored at its PS plant in Carville, LA and that a restart plan was being developed based on power and outside service availability; the unit shut down prior to Hurricane Ida’s landfall (per company spokesperson)
Additional petrochemical assets in Louisiana that were in the path of Hurricane Ida and are understood to have shut include:
- Deltech at Baton Rouge
- Lonestar at Geismar
- Motiva at Norco
www.petrochemwire.com/storm-coverage/
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