A ruptured steam line at a Shell ethylene cracker in Louisiana has prompted the company to limit this month's ethylene deliveries in the U.S. to 90%, market sources said. It is unknown how long the outage will be at the cracker with 615,000 tons in annual capacity, according to a Shell spokesman, but U.S. ethylene prices held steady Wednesday despite the development. "It seems the market does not think it is a big deal," one market source said.

Full Story:
ICIS News (U.K.)

Related Summaries