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Corpus Christi cracker April rates exceed 90% - LyondellBasell
HOUSTON, April 28, 2017 (PCW) -- LyondellBasell said its Corpus Christi cracker output exceeded 90% of expanded capacity (2.5 billion lbs/yr) in April and will reach full rates by the end of 2Q.
The cracker averaged 80% operating rates in 1Q as it ramped up toward its expanded capacity, the company said in an earnings-related call.
The plant was expanded by 800 million lbs/yr during a 2016 turnaround.
LyondellBasell has no scheduled olefins maintenance around the world for the remainder of 2017. The company expects to have about 2 billion lbs additional ethylene output in 2017 due to the lack of planned maintenance and expansions in its cracker fleet. -- David Barry