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Markets :: Plastics :: Polyethylene

LyondellBasell Declares Force Majeure on Polyethylene Following Power Outage

1:39 PM MDT | June 2, 2011 | Lindsey Bewley

LyondellBasell has declared force majeure on polyethylene (PE) after a power failure at its Morris, IL plant. The plant has the capacity to produce about 295,000 m.t./year of linear low-density PE (LLDPE) and about 275,000 m.t./year of low-density PE (LDPE). The site is also home to a 549,000-m.t./year ethylene unit. No timeline for the unit’s restart has been set, and details about customer allocation were not announced.   The power outage caused an ethylene storage tank to overload, placing it at risk of exploding, according to filing with the...

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