Shuttered cracker in US to be restarted
Indorama Ventures USA reportedly took over the site in Carlyss near Lake Charles from Equistar Chemicals. The Louisiana Economic Development Board said that the state had offered an incentive package to Indorama to restart the cracker. The company is expected to spend around $175 million to bring the cracker back online.
The cracker has around 370,000 tons/year of ethylene capacity and 30,000 tons/year of propylene and can use ethane and propane as feedstocks.
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