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Williams’ Geismar olefins unit running at reduced rates
HOUSTON, January 26, 2017 (PCW) --- Williams’ 2.06 billion lbs/yr Geismar olefins unit has been running at reduced rates since the beginning of the year. It is expected to return to full capacity February 1.
The plant went down for planned maintenance in late November and was restarted in mid-December. It constitutes 3.25% of US ethylene production capacity and consumes 55,000 b/d of ethane.
Williams is looking at either an outright sale of the facility or a tolling agreement. A decision is expected by the end of the 1Q. -- Samantha Hartke