Indorama starts production at ethylene plant
Indorama Ventures announced that its indirect subsidiary Indorama Ventures Olefins in Westlake, LA, a manufacturer of Ethylene from Ethane with an annual capacity of 440,000 MT has achieved mechanical completion and is undergoing trial runs.
IVOL has stabilized the production of on-spec Ethylene and its byproducts at 5 of its 7 furnaces and will ramp up gradually during the course of 2Q19.
This project has been the most ambitious project of its kind in IVL history and creates an exciting new platform of growth as well as affording stability and supply chain advantages to the EO/EG business by its pipeline integration.
At normalized production, IVL will secure ~75% Ethylene for internal consumption for EO/EG production and merchant the remaining output.
The company said Indorama Ventures Oxide & Glycols, a manufacturer of EO, PEO & Glycols with an annual capacity of 550,000 MT has lifted the force majeure on 2nd May 2019 after taking an unplanned shutdown in the last week of March 2019 due to compressor breakdown.
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