Terneuzen No 2 cracker turnaround will not affect downstream - Dow

27 January 2011 16:41  [Source: ICIS news]

LONDON (ICIS)--Dow Chemical's planned maintenance shutdown of its No 2 cracker at Terneuzen in the Netherlands will have no effect on downstream derivatives, a company spokesman said on Thursday.

The cracker is to be taken off line by Friday in a late-planned, scheduled shutdown which was expected to last for two weeks.

“We were waiting for the right time to perform this short maintenance stop,” spokesman Greg Baldwin said.

The cracker has the capacity to produce 590,000 tonnes/year of ethylene and 295,000 tonnes/year of propylene, according to ICIS data.

Dow operates three crackers - Nos 1, 2 and 3 - at its Dutch site, with a total of just over 1.8m tonnes/year of ethylene capacity.

A planned six-week turnaround was due to get underway in mid-March at the No 1 cracker.

SABIC’s Olefins 4 cracker at Geleen, also in the Netherlands, has been off line since 26 January because of technical issues. Initial expectations were for a restart by the end of next week (3-4 February), but investigations into the cause of the problems were still ongoing.

Ethylene and propylene February contracts were settled at €1,135/tonne ($1,555/tonne) and €1,105/tonne, respectively. The higher settlements were driven by the tight supply-and-demand balance.

The contracts settle on a free delivered (FD) northwest Europe (NWE) basis.

($1 = €0.73)

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By: Nel Weddle
+44 20 8652 3214

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