Equistar to temporarily idle olefins unit

OGJ editors
HOUSTON, Dec. 18 -- Equistar Chemicals LP temporarily will idle its olefins unit at Chocolate Bayou, Tex., because of declining market and economic conditions. Equistar Chemicals is an indirect subsidiary of LyondellBasell.

The olefins unit is expected to remain out of service until sufficient demand for petrochemical derivatives resumes. The Chocolate Bayou plant has a nameplate capacity of 1.2 billion lb/year of ethylene and 725 million lb/year of propylene.

"Demand for petrochemical derivatives continues to be very weak," said Vaughn Deasy, vice-president of base chemicals for LyondellBasell. "With our olefins flexibility in North America, we can optimize physical assets and contain a portion of our costs while continuing to meet the needs of our customers."

LyondellBasell affiliates recently have idled several chemical and polymers plants around the world to optimize operations because of low demand. Equistar temporarily idled an olefins unit at La Porte, Tex., in October, for example. These facilities are being maintained in a state of readiness to restart as market conditions improve.

Through its global subsidiaries, LyondellBasell has 11 olefins plants worldwide and a rated capacity of 14.9 billion lb/year of ethylene and 8.7 billion lb/year of propylene.

Related Articles

Flint Hills settles Port Arthur pollution case

03/20/2014 Flint Hills Resources (FHR) has reached a settlement with the US federal government to implement innovative technologies to control harmful air pol...

WoodMac: Global ethylene demand, production on the rise

03/20/2014 Ethylene-producing assets that have access to low-cost natural gas feedstocks, such as the ones in North America, will lead the competition in glob...

Earthquake shutters Japanese refinery

03/14/2014 An early-morning earthquake off the island of Kyushu, Japan, on Mar. 14 has resulted in an emergency shutdown of Idemitsu Kosan Co. Ltd.’s Tokuyama...

Fire hits Israeli petrochemical plant

03/11/2014 Gadiv Petrochemicals Industries Ltd., a wholly owned subsidiary of Oil Refineries Ltd. (Bazan), currently is evaluating impacts from a fire that br...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected