07 August 2012 23:38 [Source: ICIS news]
HOUSTON (ICIS)--PetroLogistics expects to conduct a four-week turnaround at its on-purpose propylene plant in Texas during the second half of 2013, the US-based producer said on Tuesday.
“We do not expect to undergo a major maintenance project until the second half of 2013, at which time the most significant activity will be to replace the reactor catalyst, which is required approximately every three years based on facilities of similar design,” PetroLogistics said in a regulatory filing with the Securities Exchange Commission (SEC).
“We expect these catalyst change-out projects will typically last approximately four weeks,” PetroLogistics said.
PetroLogistics said it plans to spend $41.1m (€33m) on capital projects in 2013, which includes the money required for the turnaround.
($1 = €0.81)
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