26 October 2011 18:26 [Source: ICIS news]
HOUSTON (ICIS)--LyondellBasell has restarted its Channelview crackers in Texas that went down on Friday as a result of power outage, market sources said on Wednesday.
A LyondellBasell spokesperson declined to comment on the restart, citing company policy.
US ethylene for October and November was offered at 50.25 cents/lb ($1,108/tonne, €798/tonne), down from deals done at 52.25-52.50 cents/lb on Monday.
The drop was likely related to the restart in Channelview, a market source said.
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