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.
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.
The contracts settle on a free delivered (FD) northwest Europe (NWE) basis.
($1 = €0.73)
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