Google+
Рейтинг@Mail.ru
Pravda.ru

News » Economics

Huntsman idled its production.

09.08.2002 | Source:

Pravda.Ru

 

Huntsman Corp has permanently idled 15% of its total ethylene oxide (EO) and ethylene glycol (EG) production. A spokesman for the company said that 175 million lb of EO production and 240 million lb of EG production at Huntsman's Port Neches, Tex., manufacturing site has been shut down. In explaining the shutdown, David S. Parkin, vice-president, intermediates, said, "Ethylene glycol markets have been experiencing weak demand and inadequate margins for far too long. . .If we don't see improvement in the ethylene glycol market, we will seriously consider further reductions in EG production, and diverting our ethylene oxide to other derivatives."

Parkin emphasized, however, that Huntsman remains committed to its EO and EG markets and will continue to meet all contract and merchant demands for the products. ©

&to=http://www.huntsman.com' target=_blank>HUNTSMAN Corp

&to=http://www.neftegaz.ru' target=_blank>NEFTEGAZ

 
| More
1020

Popular photos

Most popular

The Dirty Politics of the Nobel Peace Prize
The Dirty Politics of the Nobel Peace Prize
The award of the 2014 Nobel Peace Prize to Pakistan's Malala Yousafzai and India's Kailash Satyarthi raises anew the persistent question concerning the dirty politics of the Norwegian Nobel Committee...
If there is no Putin, there is no Russia
If there is no Putin, there is no Russia
First Deputy Head of the Presidential Administration, Vyacheslav Volodin, used the phrase "If there's Putin - there's Russia, if there's no Putin - there's no Russia, " to convey the feelings of...

Video

Popular photos

Система Orphus