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Lyondell outage spikes prices

Journal Article · · Chemical Week
OSTI ID:482429

Methanol spot markets in the US Gulf Coast cooled a bit late last week from their Monday spike in the wake of a pipeline rupture and fire that shut down Lyondell Petrochemical`s Channelview, TX complex and its 248-million gal/year methanol plant. The unit resumed production last week and was expected to return to full service by August 3. Offering prices shot up at least 10% over the pre-accident level of about 50 cts/gal fob. No actual business could be confirmed at a price of more than 52 cts-53 cts/gal, however.

OSTI ID:
482429
Journal Information:
Chemical Week, Journal Name: Chemical Week Journal Issue: 30 Vol. 158; ISSN CHWKA9; ISSN 0009-272X
Country of Publication:
United States
Language:
English

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