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Total Port Arthur refinery operating at 60% capacity

July 09/2020

MOSCOW (MRC) -- Total SAs Port Arthur, Texas, refinery is operating at about 60% of its 225,500-barrel-per-day (bpd) capacity, said sources familiar with plant operations, said Hydrocarbonprocessing.

The refinery is running at reduced capacity because of the loss of demand during the coronavirus pandemic, the sources said.

As MRC informed earlier, Total Petrochemicals, Europes third largest producer of crude oil, announced an increase in polypropylene (PP) prices for US shipments in August. So, the price increase will come into force on 1, August of the current year and will be 3 cents per pound or USD66/tonne, or according to the terms of current contracts.

According to MRC's ScanPlast report, PP shipments to the Russian market was 457,930 tonnes in January-May 2020 (calculated by the formula production minus export plus import). Deliveris of exclusively PP random copolymer increased.

Total S.A. is a French multinational oil and gas company and one of the six "Supermajor" oil companies in the world with business in Europe, the United States, the Middle East and Asia. The company's petrochemical products cover two main groups: base chemicals and the consumer polymers (polyethylene, polypropylene and polystyrene) that are derived from them.
Author:Anna Larionova
Tags:PP, PP block copolymer, homopolymer PP, PP random copolymer, Total Petrochemicals.
Category:General News
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