Chemical producer resumes operations in Ludwigshafen

  • BASF is restarting one of its naphtha-fed steam crackers in Ludwigshafen, Germany
  • Flaring is expected to last until Jan. 13
  • The outage is said to be for one week
  • BASF operates two naphtha-fed steam crackers at the Ludwigshafen site
  • BASF also warned of flaring on its premises on Friesenheim Island

German chemicals producer BASF has announced the restart of one of its naphtha-fed steam crackers at its complex in Ludwigshafen, Germany. The company completed repair work and expects flaring to continue until January 13. The duration of the turnaround and the affected products have not been disclosed. The outage is estimated to last for one week, according to market sources. BASF operates two naphtha-fed steam crackers at the Ludwigshafen site, with capacities of 420,000 metric tons/year and 240,000 mt/year respectively. Additionally, BASF has issued a warning about flaring on its premises on Friesenheim Island due to technical reasons, which will continue until the end of the week.

Public Companies: BASF (N/A)
Private Companies:
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Factuality Level: 8
Justification: The article provides factual information about BASF restarting one of its naphtha-fed steam crackers in Ludwigshafen, Germany, and the expected duration of flaring. However, it lacks specific details about the duration of the turnaround or the products affected. The article also includes background information about BASF’s operations and a disclaimer about the source of the content.

Noise Level: 3
Justification: The article provides specific information about BASF restarting one of its naphtha-fed steam crackers and the expected duration of the flaring. However, it lacks details on the products affected and the reasons for the technical issues. The article also includes unnecessary information about the company’s warning of flaring on another site. Overall, the article contains relevant information but could be more concise and focused.

Financial Relevance: Yes
Financial Markets Impacted: The article does not provide specific information on financial markets or companies impacted.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article is about BASF restarting one of its naphtha-fed steam crackers after completing repair work. There is no mention of any extreme event or its impact on financial markets or companies.

Reported publicly: www.marketwatch.com