02 August 2012 14:21 [Source: ICIS news]
LONDON (ICIS)--Repsol will restart its ethylene cracker in Sines, Portugal next week following a period of extended maintenance, a company source said on Thursday.
“We will start the restart process next week” the source at the Spain-based energy major said, adding: “It should be up by the end of next week.”
The cracker, which according to ICIS data has a capacity of 415,000 tonnes/year of ethylene and 200,000 tonnes/year of propylene, was taken off line for planned maintenance at the end of May.
The restart was originally planned for the end of June. The reason for the extensive delay was not disclosed, but market sources have speculated that this was for market rather than technical reasons.
Of Repsol’s three European crackers, Sines is the only one not fully-integrated with derivative production, and therefore more likely to be affected by the weak market conditions over June and July.
The Sines cracker was temporarily idled in December 2011 on the back of low demand.
This restart comes alongside Dow Chemical’s Tarragona, Spain cracker restart and just ahead of planned maintenance turnarounds in Finland, France, Germany and the UK.
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