24 March 2010 14:03 [Source: ICIS news]
TORONTO (ICIS news)--Eastman Chemical has restarted its two cracking units at Longview, Texas, following their shutdown after a power outage on 20 February, the US chemicals major said on Wednesday.
The restart was in line with Eastman’s earlier announcement that both units would be back online before the end of March, it said.
The crackers have reported capacities of 141,000 tonnes/year and 358,000 tonnes/year, respectively
The company estimated the earnings per share impact from the outage at 20-25 cents (€0.15-0.19) in the first quarter, it said. The impact would be mostly offset by higher than forecasted sales volume and operating margin, it added.
($1 = €0.74)
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|
Asian Chemical Connections