30 March 2010 00:38 [Source: ICIS news]
Investments over the past two to three years at the Norco and Deer Park ethylene plants in Louisiana and Texas had given Shell the capability to crack about 70% cost advantaged gas feedstock, Shell Chemical LP’s general manager for lower olefins, Dan Carlson told ICIS news on the sidelines of the NPRA's International Petrochemical Conference (IPC).
Shell’s total ethylene capacity in the ?xml:namespace>
“We’ve changed the footprint, Carlson said of the work that had been done to reduce overall capacity and switch from an earlier 70% - 75% liquids configuration. The bulk of investment at the crackers - Shell has two in each location - was in logistics and the handling systems used to move gas as opposed to liquid feedstocks around.
“The relatively low gas price continues to make the
“We’ve been through a pretty difficult period,” he added, speaking of the recent industry environment. However, he was relatively upbeat about the ongoing, although still uncertain, upturn. “We see the cyclical downturns but they don’t tend to last,” he commented.
Hosted by the National Petrochemical & Refiners Association (NPRA), the IPC continues through Tuesday.
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