26 April 2012 16:12 [Source: ICIS news]
HOUSTON (ICIS)--INEOS said it is taking down its Olefins No 2 unit at its Chocolate Bayou facility in Texas on Thursday, according to a regulatory filing.
The company said the unit is estimated to come back online on 6 June, a 41-day turnaround, INEOS said in a filing with the Texas Commission on Environmental Quality (TCEQ).
INEOS said the turnaround is for routine maintenance.
US spot ethylene prices were at 66.0-69.5 cents/lb ($1,455-1,532/tonne, €1,106-1,164/tonne) on Thursday, as assessed by ICIS.
($1 = €0.76)
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