MOSCOW (MRC) -- Four US Gulf Coast refineries slowed production on Tuesday as heavy rains fell, flooding areas across East Texas and Louisiana this week, reported Reuters.
Heavy rainstorms and tremendous lightning are forecast this week to continue to strike the US Gulf Coast, which is home to about half of the United States' oil refining capacity.
Total SE's 225,500 barrel-per-day (bpd) Port Arthur, Texas, refinery was restarting on Tuesday after the entire plant was knocked out of production by a brief power loss on Monday, sources familiar with plant operations said.
A Total spokeswoman declined to comment.
At Motiva Enterprises' (MOTIV.UL) 607,000-bpd Port Arthur refinery, the nation’s largest, a coker was restarting on Tuesday after being knocked out by a transformer blowout on Monday.
Motiva declined to comment.
A catalytic reformer shut down at Valero Energy Corp’s (VLO.N) 335,000-bpd Port Arthur refinery on Monday, according to energy industry intelligence service Genscape. More than eight inches (20 cm) of rain fell on Monday in Port Arthur, according to forecaster Weather Underground.
Valero did not reply to a request for comment from Reuters.
On Tuesday, a small crude distillation unit was shut at ExxonMobil Corp’s (XOM.N) 502,500 barrel-per-day (bpd) Baton Rouge, Louisiana, refinery, for 30 days of planned work, according to two sources familiar with plant operations. Rainfall totals this week in Baton Rouge have been about 6 inches with up to 10 inches falling in areas outside the city, according to Weather Underground.
“Weather is not impacting operations at Baton Rouge,” said Exxon spokeswoman Julie King.
As MRC wrote before, in April, 2021, ExxonMobil, the largest private US company, floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from US petrochemical plants and bury them in deep under the Gulf of Mexico. The plan would require "USD100 billion or more" from companies and government agencies to store 50 million metric tons of CO2 by 2030, with capacity potentially doubling by 2040, Joe Blommaert, president of Exxon's Low Carbon Solutions business, said in an interview.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 576,270 tonnes in the first three month of 2021, up by 4% year on year. Low density polyethylene (LDPE) and high density polyethylene (HDPE) shipments increased. At the same time, PP shipments to the Russian market totalled 410,890 tonnes in January-March 2021, up by 56% year on year. Supply of homopolymer PP and PP block copolymers increased.
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