Shutdown extended, major turnaround underway

  • TotalEnergies to delay Antwerp cracker restart until H2 January
  • Shutdown initially expected to last up to eight weeks
  • Major turnaround scheduled at two of the three sites in Antwerp
  • TotalEnergies to invest additional €3 million alongside maintenance work
  • Antwerp complex produces fuel oil, gasoline, LPG, diesel, jet fuel, propylene, and aromatics

TotalEnergies has announced a delay in the restart of its mixed-feed ethylene cracker in Antwerp, Belgium. The shutdown, initially expected to last up to eight weeks, will now continue until the second half of January. Additionally, a major turnaround is scheduled at two of the three sites in Antwerp. TotalEnergies plans to invest an additional €3 million alongside the maintenance work. The Antwerp complex produces a range of products including fuel oil, gasoline, LPG, diesel, jet fuel, propylene, and aromatics.

Public Companies: TotalEnergies (N/A)
Private Companies:
Key People:

Factuality Level: 8
Justification: The article provides specific information about the delay in the restart of TotalEnergies’ ethylene cracker in Antwerp, Belgium, citing multiple sources. It also mentions the initial shutdown and expected duration of the turnaround. The information is supported by data from Chemical Market Analytics (CMA), an OPIS company by Dow Jones. However, there is no direct response from TotalEnergies regarding the update or affected units, and the article does not provide any additional context or analysis.

Noise Level: 3
Justification: The article provides information about the delay in the restart of TotalEnergies’ ethylene cracker in Antwerp, Belgium. It includes details about the shutdown, turnaround schedule, and investment plans. However, the article lacks in-depth analysis, scientific rigor, and actionable insights. It mainly focuses on reporting the facts without providing a broader context or exploring the consequences of the delay.

Financial Relevance: Yes
Financial Markets Impacted: The delay in the restart of TotalEnergies’ ethylene cracker in Antwerp may impact the company’s production and supply chain, potentially affecting the prices of ethylene and related products in the market.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article discusses the delay in the restart of TotalEnergies’ ethylene cracker, which is a significant event for the company and may have implications for the financial markets due to potential disruptions in production and supply.

Reported publicly: www.marketwatch.com