08 December 2011 22:20 [Source: ICIS news]
Correction: In the ICIS story headlined “Eastman shuts down Texas cracker to replace catalyst” dated 8 December 2011, please read in the second paragraph … The 141,000 tonne/year unit … instead of … the 358,000 tonne/year unit …. Please read in the third paragraph … Eastman has two other crackers in Longview, one with 141,000 tonnes/year capacity and another with 358,000 tonnes/year capacity …. A corrected story follows.
HOUSTON (ICIS)--Eastman Chemical shut down one of its Longview crackers in Texas to replace a catalyst in the acetylene removal reactor, the company said on Thursday.
The 141,000 tonne/year unit went down on Wednesday, a spokesperson said, adding that the cracker would be off line for one week.
Eastman has two other crackers in Longview, one with 141,000 tonnes/year capacity and another with 358,000 tonnes/year capacity.
US ethylene for December traded at 52.50 cents/lb ($1,157/tonne, €868/tonne) on Thursday, rising from 51.50 cents/lb on Monday.
Market sources cited the shutdown in Longview as a factor lending support to the monomer.
($1 = €0.75)
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