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(ICIS) -- LyondellBasell plans to keep US butadiene (BD) on
allocation in December amid continued strong demand for the product, the company
said on Friday in a letter sent to customers. The restriction was set at 85%,
compared with 90% in November.
LyondellBasell last week rescinded its force majeure (FM) on BD, which
had been in place since 18 May following mechanical problems at its Channelview
extraction unit in Texas. The company said those problems were corrected during
planned maintenance in October.
But LyondellBasell said BD demand for December was well above historical
norms, adding that for that reason it was unable to meet 100% of its customers’
needs. The company also has two steam crackers in Channelview, each with 873,000
tonnes/year of capacity.
mrcplast.com
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