21 August 2009 16:53 [Source: ICIS news]
HOUSTON (ICIS news)--Equistar Chemicals on Friday said it would transition its Corpus Christi olefins plant in Texas to nearly all lighter feedstocks in 2010 due to cost advantages of natural gas liquids (NGL) over other heavier feeds.
"Positioning the Corpus Christi site to operate almost exclusively on NGLs enables us to benefit from the anticipated cost advantage for the next several years," said Vaughn Deasy, senior vice president of base chemicals and polyethylene (PE) for LyondellBasell.
LyondellBasell is the parent company of Equistar.
The transition process is expected to be completed in the first quarter of 2010 at the conclusion of a scheduled maintenance turnaround at the site, the company said.
Deasy said the Corpus Christi plant would have the flexibility to return to heavier feed slates in the future, depending on operating costs.
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|