Home / Knowledge / News / Textiles / Equistar to temporarily idle Chocolate Bayou olefins unit
Equistar to temporarily idle Chocolate Bayou olefins unit
19
Dec '08
Equistar Chemicals, LP, will temporarily idle its olefins unit at Chocolate Bayou, Texas, due to declining market and economic conditions. The olefins unit is expected to remain out of service until sufficient demand for petrochemical derivatives resumes. The Chocolate Bayou plant has a nameplate capacity of 1.2 billion pounds per year of ethylene and 725 million pounds of propylene.

"Demand for petrochemical derivatives continues to be very weak. 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," said Vaughn Deasy, Vice President of Base Chemicals for LyondellBasell. Equistar Chemicals is an indirect subsidiary of LyondellBasell Industries AF S.C.A.

LyondellBasell affiliates have recently idled several chemical and polymers plants around the world to optimize operations due to low demand. For example, Equistar temporarily idled an olefins unit at La Porte, Texas, in October. These facilities are being maintained in a state of readiness to restart as market conditions improve.

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. We are 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.

LyondellBasell


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X