22 February 2008 10:29 [Source: ICIS news]
LONDON (ICIS news)--INEOS Polyolefins’ low density polyethylene (LDPE) facility at Cologne, Germany, is running at reduced rates due to a technical incident on Tuesday, a company source confirmed on Friday.
Production at the line was expected to be down for three to four weeks.
INEOS was working to ensure customers would not be affected by the shutdown, it said, adding the company continued to supply LDPE from its second line at ?xml:namespace>
Safety systems at the plant had operated correctly and there were no injuries and no risk to the local community or environment, it said.
Tuesday’s incident involved a sudden release of pressure from one of the site’s LDPE plants, leading to the shutdown of one of the two lines.
The combined annual capacity of both lines is 400,000 tonnes.
INEOS notified the local authorities immediately and was currently carrying out a thorough in-house investigation into the incident, it said.
Polimeri Europa’s 200,000 tonne/year LDPE at Dunkerque in
Meanwhile, LDPE prices were firm in February after a hike of up to €70/tonne ($103/tonne) in January, trading in the mid-€1,300s/tonne FD (free delivered) NWE (northwest
($1 = €0.68)
For more on polyethylene see ICIS chemical intelligence
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