Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

In this list
Petrochemicals

Total Petrochemicals announces unit restart in early February: company letter

Commodities | Energy | Electric Power | Energy Transition | Natural Gas | Natural Gas (European) | Oil | Crude Oil | Petrochemicals | Polymers | Shipping

Market Movers Europe, Jan 25-29: World leaders come together online for the World Economic Forum

Petrochemicals | Olefins | Polymers

Platts Global Polyolefins Outlook

Electric Power | Renewables | LNG | Infrastructure Utilities

Caribbean Energy Conference, 21st

Petrochemicals | Polymers | Solvents & Intermediates

US homebuilder DR Horton reports 56% surge in quarterly net home sales

Commodities | Oil | Petrochemicals | Corporates

Insight Conversation: Christyan Malek, JP Morgan

Total Petrochemicals announces unit restart in early February: company letter

Highlights

Restart on schedule for Feb. 6

Platts co-polymer PP up $66 on week

New York — US polymer producer Total Petrochemicals & Refining USA announced an update to its Dec. 17 force majeure on copolymer polypropylene products from its La Porte, Texas, petrochemical complex, the company said Jan. 12.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

"Repairs at our site in La Porte, Texas, continue to go extremely well and according to plan," Total Petrochemicals said in a Jan. 12 letter obtained by S&P Global Platts.

The restart of the unit is on schedule for Feb. 6, "with initial shipments beginning the following week," the company said.

In addition, Total Petrochemicals "expects to be back to normal production in early April," the letter said.

The plant has a total nameplate capacity of 1.15 million mt/year of polypropylene, according to S&P Global Platts Analytics data. The letter indicated that only the copolymer grade was affected.

The company was not available for comment Jan. 12.

Platts last assessed the co-polymer PP grade Jan 6. at $1,576/mt, up $66 based on talk of a 2-cent premium to homopolymer grades.