Shell encounters operational failure at Singapore complex
The company has not yet indicated which unit was affected and whether or not the unit has resumed operations or the expected restart date of the unit. However, traders stated that the shutdown could last around a month.
The Pulau Bukom petrochemical complex can produce 960,000 tons/year of ethylene and 540,000 tons/year of propylene. Traders commented that Shell Chemicals could lower its ethylene and propylene nominations, but the company did not confirm. The cracker had been restarted in mid-July after an outage and a force majeure on olefins was lifted August 18. It had been declared in December 2015 due to unexpected problems.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Asia PS, ABS markets under pressure from multi-year low styrene
- US PE exports to continue to dominate Q4 market outlook
- Taiwanese major sells out Nov PVC quota to India ahead of Diwali
- Will Asian spot ethylene markets pull back from 10-year lows?
- October hikes prove short-lived in Europe’s PP market
- Firming PE trend stumbles, medium-term expectations stifled in Turkey
- PET prices fail to rebound from near 3-year low in Asia, Europe
- African PP, PE markets start Q4 in limbo amid varying pricing policies
- Will Taiwanese major roll over November PVC offers?
- PVC market up from 3-and-a-half year low in Europe