US Dow postpones Louisiana cracker turnaround to 2013 - sources

09 September 2011 20:30  [Source: ICIS news]

HOUSTON (ICIS)--Dow Chemical will push back maintenance at its St Charles cracker in Louisiana to the first half of 2013, delaying a turnaround that was originally scheduled for next month, market sources said on Friday.

Dow was expected to shut down the 610,000 tonne/year cracker on 10 October for 30 days.

No details were available on the reasons for the delay, which some sources said was likely the cause behind a drop in ethylene spot prices this week.

A Dow spokesperson did not respond to a request for comment.

Ethylene for September was offered on Friday at 60 cents/lb ($1,323/tonne, €953/tonne) against at 58 cents/lb bid.

September ethylene traded at 60.000-62.000 cents/lb this week, down from 63.000-63.875 cents/lb a week earlier.

For more on ethylene visit ICIS chemical intelligence
For more on Dow’s plants visit ICIS plants and projects

By: William Lemos
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