24 September 2010 13:19 [Source: ICIS news]
LONDON (ICIS)--INEOS this week lifted its declarations of force majeure on supplies of ethylene and ethanol from its site at Grangemouth, in ?xml:namespace>
“All plants are now running and we are now in a stable operating position. Ethanol supplies are still low and the market is so tight that we could sell product two to three times over,” said the source.
The declarations of force majeure on ethylene and ethanol came into effect in the first half of August due to an unplanned shutdown at one of the crackers at Grangemouth, which coincided with planned maintenance at the site’s second cracker.
The two crackers at INEOS’s Grangemouth site have a combined ethylene capacity of just over 1m tonnes/year, while ethanol capacity is 340,000 tonnes/year, according to the ICIS plants and projects database.
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