US Huntsman shuts EO, EG plants on mechanical issues – sources

20 April 2012 17:42  [Source: ICIS news]

MEDELLIN, Colombia (ICIS)--Huntsman is shutting down some of its ethylene oxide (EO) and ethylene glycol (EG) production at its Port Neches plant in Texas amid mechanical problems, market sources said on Friday.

It will likely be a 7-day total shutdown on EG and a 50% cut on EO, as one of two units will be down, sources said.

Earlier this week market players said that Huntsman had delayed maintenance on its EO and EG production at Port Neches until September.

The maintenance shutdown was said to be happening in September to coincide with maintenance on third-party pipelines coming into the site.

An email and phone call to Huntsman for comment was not immediately returned.

US industrial-grade ethylene glycol is assessed at 52-55 cents/lb ($1,146-1,212/tonne,  €871-921/tonne)

for April contract pricing, according to ICIS.

Major EG suppliers in the US include LyondellBasell, Huntsman, MEGlobal, Indorama, SABIC and Shell.

($1 = €0.76)

By: Leela Landress
+1 713 525 2653

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