Fire at Enterprise's Mont Belvieu Facility Rattles Ethylene Market (UPDATED)

A fire ripped through Enterprise Products Partners’ natural gas liquids (NGLs) storage facility at Mont Belvieu, TX yesterday afternoon following a pipeline explosion. One contractor is missing, local news reports say. The fire has been allowed to burn out, but the pipeline connects to the plants of several major ethylene producers, including ExxonMobil Chemical and LyondellBasell. Enterprise operates four NGL fractionators at the site with a nameplate capacity of 305,000 barrels of NGLs/day. The company says its main facilities at Mont Belvieu were not...

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