26 May 2009 16:44 [Source: ICIS news]
(Recast for clarity)
HOUSTON (ICIS news)--Last week’s fire at Sunoco’s Marcus Hook refinery in Pennsylvania prompted the company to declare force majeure on polypropylene (PP) due to a disruption of feedstock supply, a company spokesman said on Monday.
The fire did not damage the polypropylene (PP) unit at the complex, said Sunoco spokesman Thomas Golembeski.
“We are developing an allocation plan with the intent to minimise the impact on all of our valued customers,” Golembeski said.
PP buyers and sellers last week said the domestic market was too oversupplied for the force majeure to have any significant impact. ?xml:namespace>
The Marcus Hook PP plant has 345,000 tonnes/year capacity, according to global chemical market intelligence service ICIS pricing.
Golembeski said Sunoco is reviewing its inventories and product requirements and is in the process of re-allocating production to other PP plants with ethylene supply.
Sunoco operates two other PP plants in
The company closed its 200,000 tonne/year
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