29 December 2010 17:01 [Source: ICIS news]
HOUSTON (ICIS)--Shell was in the process of restarting its GO-1 Norco cracker in Louisiana on Wednesday, sources said, following an extended outage caused by a ruptured steam line.
The 558,000 tonne/year unit was shut down in the last week of November.
A Shell spokesperson did not immediately respond to a request seeking confirmation of the restart.
The sales restrictions were set at 85% for propylene and 90% for ethylene, according to sources.
Shell has a second cracker in Norco, OL-5, with 862,000 tonnes/year of ethylene capacity.
US ethylene spot prices fell on Wednesday.
Ethylene for January traded at 41.75-42.25 cents/lb, down from 42.75-43.00 cents/lb last week.
The drop in spot prices could be related to news of the Shell restart, one market participant said.
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