Dow Chemical, Formosa Plastics, Lotte Chemical, Shell and Sasol are among the petrochemical producers in Louisiana still contending with the impact of freezing temperatures in mid-February.
S&P Global Platts reports Gulf Coast petrochemical producers were expected to announcements of restarts are expected to emerge piecemeal the week of March 8 and beyond. Shutdowns are widespread and efforts continue to assess damage from sustained sub-freezing temperatures in the week of Feb. 15 could be lengthy, S&P notes. Producers were expected to assess downstream units as well before restarting crackers to gauge whether repairs were needed before they could receive feedstock.
S&P has the full story and a list of force majeures, shutdowns and restarts.
