LyondellBasell undergoing turnaround at Texas methanol plant in April: sources

By March 31, 2017August 17th, 2018US Methanol

Houston (Platts)–31 Mar 2017 612 pm EDT/2212 GMT

LyondellBasell will start a maintenance turnaround in April at a methanol plant in Channelview, Texas, market sources said Friday.

The Channelview plant has a capacity of 780,000 mt/year.

The company did not immediately respond to a request for comment.

Market sources said the turnaround was planned but were unclear on the expected duration. A trader said the turnaround may last more than four weeks.

In spot markets, US methanol was assessed Friday at 104.75-105.25 cents/gal FOB USG for April and May.

–Justin Schneewind,

–Edited by Richard Rubin,

NOTE: One metric ton of methanol (2,204.62 lbs) = 335.84 US gallon