NavigatIIR: U.S. Petrochemical Producers Prep for Second-Quarter Maintenance After Brutal Winter Storm

Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. petrochemical sector has benefited over the past few weeks from stronger prices for materials such as ethylene, as domestic industrial demand recovers from pandemic-driven slowdowns. Some of the highest-profile facilities across the country are set for regular maintenance in the coming weeks, as their activities continue to ramp up. Industrial Info is tracking more than 120 maintenance-related projects at petrochemical plants across the U.S., valued at $370 million altogether, that are set to kick off in second-quarter 2021.

Despite the overall improvement in market conditions, the geographic heart of the U.S. petrochemical sector--the Texas and Louisiana Gulf coasts--suffered a significant setback from last month's Winter Storm Uri.

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Within this article: Details on a variety of maintenance-related projects at petrochemical facilities across the U.S. that are slated to begin from April through June, including those from major companies such as LyondellBasell Industries NV (NYSE:LYB), Indorama Corporation, BASF SE, Royal Dutch Shell plc (NYSE:RDS.A) and Huntsman Corporation (NYSE:HUN), as well as fallout from Winter Storm Uri.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.