MOSCOW (MRC) -- Flaring at Shell's Moerdijk petrochemical complex near Rotterdam on Wednesday has sparked rumors in the European aromatics market that one or both of the two propylene oxide/styrene monomer (POSM) units situated there have been impacted, reported Chemweek with reference to OPIS.
Shell said in a statement on Friday: "Shell Moerdijk is flaring due to a factory failure. We have identified the cause of the failure, allowing us to restart the factory. The full restart takes a few days, with the flaring gradually decreasing."
A Shell spokesperson declined to specify which unit or units were impacted, when asked by OPIS.
Moerdijk is one of the biggest petrochemical complexes in Europe with an ethylene capacity of 940,000 metric tons/year.
Feedstock supply and other petchems output at the plant are not yet noted to have been impacted by the events around the flaring.
Market speculation revolved around the potential restart date. One source said it "seems the unit is expected to restart this weekend (15-16 August)," and another placed the restart in about one week and a third source suggested that it could be as long as two weeks.
In April, OPIS reported that heavy maintenance is scheduled for parts of the Moerdijk complex this fall, having been delayed from its original May start date. The work will occur at the same time as maintenance at Shell's 300,000-metric tons/year Wesseling, Germany, steam cracker.
OPIS is an IHS Markit company.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).
According to MRC's DataScope report, PE imports to Russia dropped in January-June 2020 by 7% year on year to 328,000 tonnes. High density polyethylene (HDPE) accounted for the main decrease in imports. At the same time, PP imports into Russia rose in the first six months of 2020 by 21% year on year to 105,300 tonnes. Propylene homopolymer (homopolymer PP) accounted for the main increase in imports.
Royal Dutch Shell plc is an Anglo-Dutch multinational oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the biggest company in the world in terms of revenue and one of the six oil and gas "supermajors". Shell is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading.
MRC