US ethylene prices rise amid BASF TOTAL cracker outage

11 December 2012 21:53  [Source: ICIS news]

HOUSTON (ICIS)--US ethylene prices rose on Tuesday amid news that BASF TOTAL Petrochemical’s Port Arthur cracker in Texas was off line as a result of an unplanned outage.

The company has 934,000 tonnes/year of ethylene capacity at the site. The cracker is a joint venture between BASF and Total.

It was unclear how long the unit will be down, sources said.

A BASF TOTAL spokesperson did not immediately respond to a request for comment.

US ethylene for December traded at 54.25 cents/lb ($1,196/tonne, €921/tonne), up from 53.50 cents/lb the previous day.

For more on BASF’s plants, visit ICIS plants and projects

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($1 = €0.77)

By: William Lemos
+1 713 525 2653

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