INEOS PE down at Grangemouth, UK after unexpected outage

16 July 2009 15:44  [Source: ICIS news]

(Recasts, adding detail in headline and lead)

LONDON (ICIS news)--INEOS’ 320,000 tonne/year polyethylene (PE) plant at Grangemouth, UK, is at a standstill following an unexpected outage, a company source said on Thursday.

“The plant went down some time over the weekend [11/12 July], as it was well into its high density PE (HDPE) campaign,” said the source. “We expect it to restart on Monday [20 July].”

The plant is a linear low density PE (LLDPE)/HDPE swing unit.

INEOS declared force majeure on one of its HDPE injection grades.

“This is just one particular grade of HDPE injection of many that we produce,” said the source.

PE availability has tightened considerably in Europe due to significant cutbacks at the cracker and polymer level.

Prices in July increased by €100/tonne ($141/tonne), leaving gross low density PE (LDPE) levels at €1,000/tonne FD (free delivered) NWE (northwest Europe).

PE producers in Europe include LyondellBasell, Borealis, SABIC, Total Petrochemicals, Polimeri Europa, Dow Chemical, Repsol, and INEOS Olefins and Polymers.

($1 = €0.71)

For more on PE visit ICIS chemical intelligence

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By: Linda Naylor
+44 20 8652 3214

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