UpdateDow confirms Louisiana cracker outage, cites power failure

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.

Dow has 610,000 tonnes/year of ethylene capacity in St Charles.

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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By: William Lemos
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