Colombia Ecopetrol restarts LDPE unit, other remains offline - source

26 March 2014 22:12 Source:ICIS News

HOUSTON (ICIS)--Colombian state-owned oil company Ecopetrol has restarted the larger of the country’s two polyethylene (PE) units, a market source said on Wednesday.

Both PE units went offline sometime in February or March.

The Poly-2 unit, with 3,620 tonne/month capacity, was restarted last week, but the Poly-1, with 1,780 tonne/month capacity, will remain down for an undetermined period, the source said.

There were no additional details on the mechanical difficulties being experienced. Both only produce low density polyethylene (LDPE).

A source said that Colombia has compensated for the missing LDPE production with imports, which are still ongoing but “cautiously” to avoid ending up with excess inventories.

Colombia normally imports all other PE grades as it lacks the infrastructure to produce them.

By Renzo Pipoli