LyondellBasell puts US ethanol on 60% sales control in March

23 February 2010 22:17  [Source: ICIS news]

HOUSTON (ICIS news)--LyondellBasell moved a US sales restriction on ethanol to 60% from 70%, effective in March, citing an upcoming turnaround at one of its ethylene plants, market sources said on Tuesday.

LyondellBasell makes synthetic ethanol using ethylene as a feedstock from its Morris cracker in Illinois.

The company will base the restriction on average purchases from April-September 2009, sources said.

The turnaround outage will take place in May and June.

A LyondellBasell spokesperson declined to comment on the sales control, citing policy.

The company is the only US producer of synthetic ethanol, although imports from countries such as South Africa are also usually available.

For more on ethanol, visit ICIS chemical intelligence
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By: William Lemos
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