Current Affairs
February 17, 2021
Highlights from Today’s Event
There were many interesting topics in today’s virtual lunch event, including the fact that estimates of total U.S. cracker capacity (ethylene and propylene) that is down because of the recent freeze were from roughly 40 to 60 percent. Refineries are down as well, and they produce a lot of propylene. That will trickle downstream into an enormous number of chemical chains.
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February 17, 2021
Oxiteno Force Majeure
February 17, 2021
Oxiteno Force Majeure
February 17, 2021
Gulf Coast Update
US Gulf Coast ice storms cause chems production freeze
Author: Tom Brown
2021/02/16
LONDON (ICIS)–An almost unprecedented polar storm sweeping across the US Gulf Coast states has led to shutdowns and production cuts at a swathe of petrochemicals plants and refineries in the area, as well as throttling transport and leaving millions without power.
Temperatures in the Houston petrochemicals hub remained at -8 degrees Celsius (17 degrees Fahrenheit) on Tuesday morning local time, some of the coldest conditions on records on the region.
Freezing conditions have been recorded across much of the central US.
With petrochemicals complexes in Texas and Louisiana more set up for intense heat through much of the year rather than sub-zero conditions, players across the region have moved to limit or shut down production entirely.
On 15 February news emerged of Motiva, Marathon and CITGO announcing refinery shutdowns, while Total shut off its coker and crude distillation units at Port Arthur.
LyondellBasell reported operating its Houston refinery and methyl tertiary butyl ether (MTBE) complex at minimum rates due to the weather, while TPC has shut down its Houston butadiene unit due to steam loss.
OQ Chem declared force majeure at its Bay City, Texas, complex due to the weather on Tuesday.
February 17, 2021
Gulf Coast Update
US Gulf Coast ice storms cause chems production freeze
Author: Tom Brown
2021/02/16
LONDON (ICIS)–An almost unprecedented polar storm sweeping across the US Gulf Coast states has led to shutdowns and production cuts at a swathe of petrochemicals plants and refineries in the area, as well as throttling transport and leaving millions without power.
Temperatures in the Houston petrochemicals hub remained at -8 degrees Celsius (17 degrees Fahrenheit) on Tuesday morning local time, some of the coldest conditions on records on the region.
Freezing conditions have been recorded across much of the central US.
With petrochemicals complexes in Texas and Louisiana more set up for intense heat through much of the year rather than sub-zero conditions, players across the region have moved to limit or shut down production entirely.
On 15 February news emerged of Motiva, Marathon and CITGO announcing refinery shutdowns, while Total shut off its coker and crude distillation units at Port Arthur.
LyondellBasell reported operating its Houston refinery and methyl tertiary butyl ether (MTBE) complex at minimum rates due to the weather, while TPC has shut down its Houston butadiene unit due to steam loss.
OQ Chem declared force majeure at its Bay City, Texas, complex due to the weather on Tuesday.
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