FHR cracker in Texas downed by steam outage - sources

07 February 2012 23:00  [Source: ICIS news]

HOUSTON (ICIS)--Flint Hills Resources' (FHR) Port Arthur cracker in Texas was down as a result of a steam outage, market sources said on Tuesday.

The company has 621,000 tonnes/year of capacity at the site.

An FHR spokesperson did not immediately respond to a request for confirmation.

The shutdown was cited as a possible factor lending support to ethylene spot prices on Tuesday.

The monomer traded up to 65 cents/lb ($1,433/tonne, €1,089/tonne) for February delivery, from a deal done at 64 cents on Monday.

February ethylene bid/offers were last heard at 64.75-65.50 cents/lb.

($1 = €0.76)

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By: William Lemos
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