BASFY BASF SE (QX)

German chemicals producer BASF is restarting one of its naphtha-fed steam crackers at its complex in Ludwigshafen, Germany, following the completion of repair work, a company spokesperson told OPIS Wednesday.

Flaring is expected to last until Jan. 13, the spokesperson said.

BASF declined to provide any information on the duration of the turnaround or products affected. The outage is said to be for one week, one market source said.

The company operates two naphtha-fed steam crackers at the Ludwigshafen site, one with an ethylene capacity of 420,000 metric tons/year and another with a capacity of 240,000 mt/year, according to data from Chemical Market Analytics by OPIS, a Dow Jones company.

BASF also warned of flaring on its premises on the nearby Friesenheim Island until the end of the week due to technical reasons.

This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.

--Reporting by Fahima Mathé, fmathe@opisnet.com; Editing by Rob Sheridan, rsheridan@opisnet.com

(END) Dow Jones Newswires

January 10, 2024 13:12 ET (18:12 GMT)

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