10 January 2012 14:49 [Source: ICIS news]
HOUSTON (ICIS)--Chevron Phillips Chemical reported flaring from its Sweeny complex in Texas, citing a lighting strike in a public filing available on Tuesday.
"A lightning strike caused a power outage affecting areas at the Sweeny Complex, resulting in unauthorized emissions from ethylene unit 33," the company said in the filling with the Texas Commission on Environmental Quality (TCEQ).
It was unclear if the 907,000 tonne/year cracker was still off line on Tuesday.
A Chevron Phillips spokesperson did not immediately respond to a request for comment.
Chevron Phillips has two other crackers in Sweeny with a combined 971,000 tonnes/year of capacity.
US ethylene spot prices rose sharply on Monday, jumping by 4% from a deal done on Friday.
Market sources cited inventory building as a factor behind the increase, but one source said potential disruptions caused by inclement weather in southeast Texas on Monday also contributed to the run-up.
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