04 January 2011 21:55 [Source: ICIS news]
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HOUSTON (ICIS)--Dow Chemical on Tuesday said its St Charles cracker in Louisiana had experienced a power interruption, confirming talk earlier in the day about a possible disruption at the site.
The unit lost power on Monday night, a spokesperson said.
The company declined to provide details on the length of the outage, which was cited as a factor behind a rally in ethylene spot prices on Tuesday.
Ethylene for January traded as high as 44.00 cents/lb ($970/tonne, €728/tonne), up from 42.00 cents/lb on Monday.
($1 = €0.75)
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