12 May 2009 15:56 [Source: ICIS news]
HOUSTON (ICIS news)--Shell said on Tuesday it has begun the start-up process of its Deer Park chemical complex in Texas, which was shut down on Monday due to a loss of steam supply.
Emissions associated with the start-up process would last until 18 May, the company said in a filing with the Texas Commission on Environmental Quality (TCEQ).
Shell operates two crackers at the site with combined ethylene capacity of 1.45m tonnes/year.
Market sources said the outage triggered an increase in US ethylene spot prices.
Spot ethylene for May was heard traded at 24.00 cents/lb ($529/tonne, €391/tonne) on Monday, up from 22.75 cents/lb on 7 May.
“It caused a little bump in the market [but] it won't last long,” a market participant said.
Shell said the interruption of steam supply also caused the shutdown of its 329,800 bbl/day refinery in Deer Park.
The refinery was also in the process of being restarted, a spokesperson said.
($1 = €0.74)
For more on ethyene visit ICIS chemical intelligence
For more on Shell’s plants visit ICIS plants and projects
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
| ICIS news FREE TRIAL |
| Get access to breaking chemical news as it happens. |
| ICIS Global Petrochemical Index (IPEX) |
| ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index |