04 August 2010 05:35 [Source: ICIS news]
(adds ethylene prices, background)
SINGAPORE (ICIS)--Energy giant Shell’s new 800,000 tonne/year mixed-feed cracker in ?xml:namespace>
The company could not be reached for comment.
“There was flaring since yesterday,” said one source.
Ethylene prices climbed up $20/tonne to $870-900/tonne CFR NE Asia on Tuesday’s close, matching prices of between $880-900/tonne CFR NE Asia four weeks ago, ICIS data showed.
Commissioned in March, the cracker - an integral part of Shell Eastern Petrochemicals Complex (SEPC) – could also produce 450,000 tonnes/year of propylene and 230,000 tonnes/year of benzene.
The new cracker has been running at around 80% of capacity since it was started up because of some unidentified issues, according to market sources.
SEPC is Shell’s largest fully integrated refinery and petrochemicals hub.
The olefins and aromatics products from the cracker would be used primarily for Shells downstream chemical plants in
With additional reporting by Mahua Chakravarty, Aaron Cheong, Peh Soo Hwee and Pearl Bantillo
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