Most US Gulf plants remain shut amid pending restoration of power
Initial damage reports revealed that petrochemical plants in Lake Charles, Louisiana were the most affected ones as they took a direct hit from the storm. Market sources added that restarts in Louisiana mostly depend of the availability of electric power now. However, plants and refineries in Texas witnessed a “relatively light” damage, with a few plants and refineries already being back to production starting from August 28.
The majority of producers including Chevron Phillips Chemical, Westlake Chemical, and ExxonMobil completed initial damage assessments and currently await for the restoration of electricity to resume production. On the other hand, restart process has already begun in several other facilities in Texas, where the energy infrastructure was less affected by the storm.
Here is a status update on all of the petrochemical facilities that were affected from the Hurricane Laura, as you may find below.
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