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Hurricanes Laura and Delta shut down most of the steam crackers on the U.
Ethylene
OPIS statistics show that spot ethylene exports from the Gulf Coast in November this year were 53,500 tons, of which 41,000 tons were exported through Enterprise Navigator ethylene terminals.
Since Hurricane Laura landed in the Lake Charles area of Louisiana at the end of August and Hurricane Delta landed in Louisiana at the beginning of October, ethylene production in the area dropped significantly in September and October.
After the hurricane, the fault has been basically controlled.
In addition to the outage of several cracking units caused by the hurricane, Nova's 884,000-ton/year ethylene unit in Geismar, Louisiana, has been unscheduled for one month since mid-September due to power failure; BASF Total is located in The 1.
According to industry insiders, as multiple sets of crackers began to resume operation, the demand for ethane raw materials has returned to the usual 1.
At the Enterprise hub in Monte Bellevue, Texas, the export price of ethylene rose from 19.
Navigator reported that the utilization rate of the ethylene export terminal reached 90% this summer.
(Keyword: Ethylene)