25 February 2013 22:36 [Source: ICIS news]
HOUSTON (ICIS)--An equipment failure disrupted US chemical producer Huntsman's attempt to restart its Texas cracker on Monday, sources said.
A market participant said the company had planned to restart the cracker early this week, but difficulties pushed the restart back to the end of the week or early next week.
The company reported emissions during the restart process at its 193,000 tonne/year Port Neches cracker, according to a filing with the Texas Commission on Environmental Quality (TCEQ).
Ethylene traded at 62.125 cents/lb ($1,370/tonne, €1,041/tonne) on Monday, slightly higher than the previous week’s deal of 62.000 cents/lb.
Huntsman did not immediately respond to a request for comment.
($1 = €0.76)
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