MOSCOW (MRC) -- Ineos Nitriles has declared force majeure on acrylonitrile (ACN) from its Green Lake plant in Port Lavaca, Texas, because the pipeline supplying over 90% of its propylene feedstock has been shut down, said Chemweek.
The duration of the force majeure was pegged at between three and six months, sources added. The sources added that the event stemmed from the shutdown of a nearby chemical-grade propylene pipeline that was the primary source of feedstock for the plant.
ExxonMobil Chemical, the supplier of CGP to the plant, confirmed the pipeline outage. Further information on the reason for the shutdown was not immediately available.
As MRC informed earlier, in 2015, Ineos Nitriles has today announced that it is to re-establish production on its 4th reactor at its Green Lake facility (Texas, USA), re-instating 100kt of capacity. Despite extremely tough market conditions, INEOS Nitriles is convinced that a combination of long term advantaged US propylene, world leading technology and economies of scale will ensure that Green Lake will be able to compete globally.
INEOS Group Limited is a privately owned multinational chemicals company consisting of 15 standalone business units, headquartered in Rolle, Switzerland and with its registered office in Lyndhurst, United Kingdom. It is the fourth largest chemicals company in the world measured by revenues (after BASF, Dow Chemical and LyondellBasell) and the largest privately owned company in the United Kingdom.
MRC