Disruption at Huntsman Texas plant could last 2-3 weeks

TEXAS – An unplanned disruption at Huntsman Corporation’s manufacturing unit at its facility in Port Neches, Texas could last 2 – 3 weeks. While no injuries resulting from the incident was report, the disruption, which started on August 14, was caused by equipment failure.

The Port Neches production facility manufactures methyl tertiary butyl ether (MTBE), propylene oxide (PO) and propylene glycols (PG).  The disruption is also expected to affect the internal PO supply to downstream MDI systems, amines, surfactants and propylene oxide derivatives.  Expected to be off-line for 2-3 weeks, the projected negative impact could reach as much as $30 million EBITDA for Huntsman’s Polyurethanes and Performance Products divisions.