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

Sasol in final stages of new LDPE plant startup, resumes Lake Charles operations

LNG | NGL | Oil | Crude Oil | Petrochemicals | Shipping

Gains in WTI, robust petrochemical demand add strength to US NGLs

Petrochemicals | Olefins | Polymers

Platts Global Polyolefins Outlook

Electric Power | Renewables | LNG | Infrastructure Utilities

Caribbean Energy Conference, 21st

Metals | Steel | Raw Materials | Coronavirus

Trade review: China-Australia relations transform met coal market dynamics

Emissions | LNG | Natural Gas | Oil | Steel | Raw Materials | Containers

Commodity Tracker: 7 charts to watch this week

Sasol in final stages of new LDPE plant startup, resumes Lake Charles operations

Highlights

New LDPE plant startup delayed to November

All other units at Lake Charles resumed operations

Houston — Sasol is continuing in the final stages for the startup of its new 420,000 mt/year low-density polyethylene plant after previously announcing a startup for October, the company's spokesperson, Kim Cusimano, said in an email to S&P Global Platts Nov. 3.

Not registered?

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

Register Now

The company resumed operations for all its Lake Charles, Louisiana, chemical complex units that were operating before Hurricane Laura, Cusimano said.

Sasol is among the Lake Charles chemical producers that shut operations ahead of Hurricane Laura's Aug. 27 landfall, and again before Hurricane Delta came ashore Oct. 9, which was the same path as Laura.

The LDPE plant was delayed to a startup in November due to Hurricane Delta interrupting its planned October startup date.

The company's LDPE plant is the last of the new units to come online at its $12.9 billion Lake Charles expansion and is "progressing through the final stages of startup," Cusimano said.

The company said it "will release a formal disclosure to the market when the (LDPE) unit reaches beneficial operation."

Beneficial operation is defined as 72 hours of continuous on-spec production.

Sources have said they are not confident that the startup will occur anytime before December but expect LDPE spot export pricing to drop in the coming weeks as the market corrects itself from previous months.

Platts last assessed spot export LDPE down $11 day on day Nov. 2 at $1,113-$1,135/mt (50.5-51.5 cents/lb) FAS Houston, with rail car pricing talked at 48 cents/lb by sources.

Separately, Platts assessed the US domestic LDPE contract on Oct. 28 at a rollover for October at 74.5-75.5 cents/lb ($1,642.43-$1,664.47/mt) delivered railcar basis, based on demand tapering off and suppliers trying to keep the market stable, one source said.