Engineering News

Equistar To Idle Olefin Unit Until Early 2009
October 31, 2008

Equistar Chemicals, LP, will temporarily idle the olefin unit at La Porte, Texas, on Friday due to declining market and economic conditions. The La Porte olefin unit is expected to remain out of service until early 2009. The plant has a nameplate capacity of 1.7 billion pounds per year of ethylene and 700 million pounds of propylene.

"We have elected to take the olefin plant at La Porte offline for two to three months due to the drop-off in demand for ethylene and propylene as customers adjust year-end inventories and respond to fluid feedstock prices," said Ed Dineen, President of LyondellBasell's Chemicals Division. "Today's tight credit markets and low consumer confidence also are being felt by our customers, and this is contributing to decreased demand for petrochemical derivatives.

"With our olefins flexibility in North America, we can optimize physical assets and contain a portion of our costs while continuing to meet the needs of our customers. We will maintain the unit in a state of readiness to restart sooner, if market conditions improve."

The company will utilize this down time to conduct opportunity maintenance at the La Porte site. Other operations at the 540-acre complex are not affected by the temporary idling of the unit. This includes low-density and linear low-density polyethylene units as well as acetic acid and vinyl acetate monomer units.

Equistar Chemicals is an indirect subsidiary of LyondellBasell Industries AF S.C.A. LyondellBasell, through its global subsidiaries, has 11 olefins plants worldwide and a rated annual capacity of 14.9 billion pounds of ethylene and 8.7 billion pounds of propylene. This includes world-scale crackers in the United States at Channelview, La Porte, Chocolate Bayou and Corpus Christi, Texas; Clinton, Iowa, and Morris, Illinois; and in Europe at Wesseling and Muenchsmunster, Germany, and Berre, France.

LyondellBasell Industries is one of the world's largest polymers, petrochemicals and fuels companies. It is the global leader in polyolefins technology, production and marketing; a pioneer in propylene oxide and derivatives; and a significant producer of fuels and refined products, including biofuels. Headquartered in The Netherlands, LyondellBasell is privately owned by Access Industries.

Source: Equistar Chemicals, LP

Engineering News Archive

 
// CAREER RESOURCES

Applicant Procedures
Job Seekers
Resume Help
Professional Organizations
Engineering Career Information
Engineering Colleges

// WHAT WE DO
Recruiters for
Professionals in the Chemical
& Pharmaceutical Industries
We recruit exclusively for Engineers and Operations/Maintenance Management Personnel in the following areas:
Specialty chemicals
Bulk chemicals
Commodity Chemicals
Petrochemicals
Fine chemicals
Agrochemicals
Industrial gases
Surfactants
Fertilizers
Solvents
Coatings
Polymers
Pharmaceuticals
Refinery
Career Center | FAQs | Privacy
SESI Corporate Headquarters (954)755-3121 ext 109
© Search Enterprises, Inc. All rights reserved.
Industry News Career Center FAQs Submit a Job About Search Enterprises Submit a Resume Candidates Job Opportunities Search Enterprises Home