US Huntsman to take down ethylene plant, sees $8m-9m Q1 hit

11 February 2014 23:20  [Source: ICIS news]

HOUSTON (ICIS)--Huntsman is taking down its ethane cracker in Port Neches, Texas, which should cost the company $8m-9m in the first quarter, the CEO said on Tuesday.

Peter Huntsman did not say how long the cracker would be down.

The plant has an ethylene capacity of 193,000 tonne/year, according to ICIS plants and projects.

Huntsman did not explain why the company is taking down the plant.

Earlier in 2013, the company announced plans to increase the cracker's capacity by about 10%.

Additional reporting by Jeremy Pafford

By: Al Greenwood
+1 713 525 2645

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly